No Market Timing. Unlike self-directed brokerage accounts, Client cannot enter with Betterment Securities individual buy and sell orders for specific securities to be executed at particular times. Rather, Betterment places orders to buy and/or sell securities with Betterment Securities consistent with the discretionary authority granted to it by Client, which includes, among other things, the authority to select which securities to buy and sell and when to place orders for the execution of securities. If Client wants to control the specific time during the day that securities are bought and sold in Client’s account (e.g., Client wants the ability to “time the market”), Client should not use Betterment Securities’s service.
Appears in 6 contracts
Samples: Advisory Agreement, Advisory Agreement, Advisory Agreement
