Common use of Self-Directed Account Clause in Contracts

Self-Directed Account. The Customer understands that the Customer Account may be self- directed, in which case the Customer is solely responsible for any and all orders placed in the Customer Account and that all self-directed orders entered by the Customer are unsolicited and based on the Customer’s own investment decisions or the investment decision of the Customer’s duly authorized representative or agent. With respect to both of the above, the Customer agrees that neither the Broker nor any of its employees, agents, principals, or representatives: (1) provide investment advice in connection with this Account; (2) recommend any security, transaction or order; (3) solicit orders; (4) act as a market maker in any security; (5) make discretionary trades; and (6) produce or provide first-party research providing specific investment strategies such as buy, sell or hold recommendations, first-party ratings and/or price targets. To the extent research materials or similar information are available through the Website or the websites of any entity controlled by, controlling, or under common control with the Broker (such entity, an “Affiliate”), the Customer understands that these materials are intended for informational and educational purposes only and they do not constitute a recommendation to enter into any securities transactions or to engage in any investment strategies.

Self-Directed Account. The Customer understands that the Customer Account may be self- self-directed, in which case the Customer is solely responsible for any and all orders placed in the Customer Account and that all self-directed orders entered by the Customer are unsolicited and based on the Customer’s own investment decisions or the investment decision of the Customer’s duly authorized representative or agent. With respect to both of the above, the Customer agrees that neither the Broker nor any of its employees, agents, principals, or representatives: (1) provide investment advice in connection with this Account; (2) recommend any security, transaction or order; (3) solicit orders; (4) act as a market maker in any security; (5) make discretionary trades; and (6) produce or provide first-party research providing specific investment strategies such as buy, sell or hold recommendations, first-party ratings and/or price targets. To the extent research materials or similar information are available through the Website or the websites of any entity controlled by, controlling, or under common control with the Broker (such entity, an “Affiliate”), the Customer understands that these materials are intended for informational and educational purposes only and they do not constitute a recommendation to enter into any securities transactions or to engage in any investment strategies.