Issuer default risk. In the event that a DW issuer becomes insolvent and defaults on their listed securities, investors will be considered as unsecured creditors and will have no preferential claim to any assets held by the issuer. Investors should therefore pay close attention to the financial strength and credit worthiness of DW issuers.
Appears in 6 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Issuer default risk. In the event that a DW issuer becomes insolvent suffers an Insolvency Event and defaults on their listed securities, investors will be considered as unsecured creditors and will have no preferential claim to any assets held by the issuer. Investors should therefore pay close attention to the financial strength and credit worthiness of DW issuers.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Issuer default risk. In the event that a DW issuer becomes insolvent and defaults on their listed securities, investors will be considered as unsecured creditors and will have no preferential claim to any assets held by the issuer. Investors Clients should therefore pay close attention to the financial strength and credit worthiness of DW issuers.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement