Common use of Rules 5130 and 5131 Clause in Contracts

Rules 5130 and 5131. This rule states that “restricted persons” are prohibited from participating in Syndicate or new issue offerings. Please review the following definition of a “restricted person” on Schedule A prior to signing this form acknowledging you do not fall into '“restricted person” status. The undersigned hereby represents and warrants as of the date set forth below that: i. The undersigned is the holder of the account identified below or is authorized to represent the beneficial holders of the account; ii. Neither the undersigned nor any beneficial holder of the account is a “restricted person” as that term is described in FINRA Rule 5130 (described in Schedule A); and iii. The undersigned understands FINRA. Rule 5130 and the account is eligible to purchase new issues in compliance with such rule.

Rules 5130 and 5131. This rule states that “restricted persons” are prohibited from participating in Syndicate or new issue offerings. Please review the following definition of a “restricted person” on Schedule A prior to signing this form acknowledging you do not fall into '‘“restricted person” status. The undersigned hereby represents and warrants as of the date set forth below that: i. The undersigned is the holder of the account identified below or is authorized to represent the beneficial holders of the account; ii. Neither the undersigned nor any beneficial holder of the account is a “restricted person” as that term is described in FINRA Rule 5130 (described in Schedule A); and iii. The undersigned understands FINRA. Rule 5130 and the account is eligible to purchase new issues in compliance with such rule.

Rules 5130 and 5131. This rule states that “restricted persons” are prohibited from participating in Syndicate or new issue offerings. Please review the following definition of a “restricted person” on Schedule A prior to signing this form acknowledging you do not fall into '‘“restricted person” status. The undersigned hereby represents and warrants as of the date set forth below that: i. The undersigned is the holder of the account identified below or is authorized to represent the beneficial holders of the account; ii. Neither the undersigned nor any beneficial holder of the account is a “restricted person” as that term is described in FINRA Rule 5130 (described in Schedule A); and iii. The undersigned understands FINRA. FINRA Rule 5130 and the account is eligible to purchase new issues in compliance with such rule.