Sales presumed not to be Short Sales. Unless your instructions specify to the contrary, all sale instructions are accepted by us on the understanding that you own the Equity Securities sold. We shall not accept any instruction for a Short Sale Transaction if no satisfactory arrangements for making available the relevant Equity Securities for delivery have been agreed with us (which may include your entering into a securities lending arrangement with us or a third party or your agreement to our doing so on your behalf). We shall not accept any instructions for a short sale transaction where there are regulatory restrictions that apply to such transactions.
Appears in 12 contracts
Samples: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement
