Common use of Laws and Rules Clause in Contracts

Laws and Rules. 2.4.1 All Exchange Traded Options Business shall be effected in accordance with all Regulatory Rules applying to SHKIS. These include, without limitation, the Options Trading Rules, the Options Clearing Rules of SEOCH and the rules of the HKSCC. In particular, SEOCH has authority under the Regulatory Rules to make adjustments to the terms of Contracts, and SHKIS shall notify Client of any such adjustments which affect Client Contracts to which Client is a party. All actions taken by SHKIS, by the SEHK, by SEOCH or by HKSCC in accordance with such Regulatory Rules shall be binding on Client.

Laws and Rules. 2.4.1 All Exchange Traded Options Business shall be effected in accordance with all Regulatory Rules applying to SHKISSHKOS. These include, without limitation, the Options Trading Rules, the Options Clearing Rules of SEOCH and the rules of the HKSCC. In particular, SEOCH has authority under the Regulatory Rules to make adjustments to the terms of Contracts, and SHKIS SHKOS shall notify Client of any such adjustments which affect Client Contracts to which Client is a party. All actions taken by SHKISSHKOS, by the SEHK, by SEOCH or by HKSCC in accordance with such Regulatory Rules shall be binding on Client.