Risk on deposit and securities. I/We should familiarize myself/ourselves with the protections given to money or other securities I/we may deposit for domestic and foreign transactions, particularly in the event of a firm’s insolvency or bankruptcy. The extent to which I/we may recover my/our money or securities may be governed by specific legislation or local rules. In some jurisdictions, securities which had been specifically identifiable as my/own will be pro-rated in the same manner as cash for purpose of distribution in the event of a shortfall.
Risk on deposit and securities. The Client should familiarize himself with the protections given to money or other securities his deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which the Client may recover his money or securities may be governed by specific legislation or local rules. In some jurisdictions, securities which had been specifically identifiable as Client’s own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.
