Common use of Cash Sweep Program Disclosure Statement Introduction Clause in Contracts

Cash Sweep Program Disclosure Statement Introduction. Under the Cash Sweep Program (the "Cash Sweep Program"), un-invested cash balances for which no interest is otherwise earned or paid in your Account are automatically swept into interest-bearing deposit accounts ("Standard Bank Deposit Sweep" and “Expanded Bank Deposit Sweep”, together the “Bank Deposit Sweep Programs”) or, if available, stable-value money market mutual funds ("Money Market Funds") or such other sweep arrangements made available to you (collectively "Cash Sweep Vehicles"), until these balances are invested by you or otherwise needed to satisfy obligations arising in connection with your account.