Common use of Responsibility for orders Clause in Contracts

Responsibility for orders. All orders for the purchase and sale of Securities and/or Other Property given for the Account will be authorized by Client pursuant to Client’s grant of discretionary authority and power-of-attorney to Betterment and executed in reliance on a promise that an actual purchase or sale is intended. Betterment Securities will only accept orders for which there are sufficient funds or Assets credited or due to the Account on trade date. Client understands Betterment Securities may at any time, in its sole discretion and without prior notice to Client, prohibit or restrict Client’s ability to trade securities.