Common use of CONFIRMATIONS AND ACCOUNT STATEMENTS Clause in Contracts

CONFIRMATIONS AND ACCOUNT STATEMENTS. a. Reports or confirmations of the execution of securities orders and statements of your Account will be binding if you do not object in writing within ten (10) business days after Broker forwards the confirmation or statement to you by mail or another method of delivery. Broker will send an Account statement to the address of record: every calendar quarter, at a minimum and for any month when you have trading or cash management activity. Account statements will show all activity in the Account for the stated period, including securities transactions, cash balances, credits and debits, and all fees paid directly from the Account. Broker will also send out a confirmation for every securities transaction in the Account. The only exceptions are automatic investments, automatic withdrawals, or dividend reinvestments; for these activities, your regular Account statement serves in place of a confirmation.

Appears in 4 contracts

Samples: Customer Account Agreement, Customer Account Agreement, Customer Account Agreement

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