STATEMENT OF RISKS. 10.1. The investor must be aware of the risks inherent in the PAMM-Account service (such risks are in addition to the risks that are described in the risk Declaration), which can lead to substantial losses up to the loss of all funds invested on the PAMM-Account: a) the Broker does not have opportunities to fully verify the degree of professionalism and experience of PAMM-Managers, respectively it is possible that the skills and knowledge of PAMM-Manager to manage the PAMM-Account may not be enough; b) PAMM-Manager can disrupt the obligation to manage the PAMM-Account with respect to the best interests of investors, which the Broker may not have the information, so that the funds invested to PAMM-Account, can be lost; c) in the case of non-compliance with the privacy of identification data by PAMM-Manager, access to the PAMM-Account can get unauthorized person, in consequence of that, the funds invested to PAMM-Account, may be lost; d) The positive results of the PAMM-Account management in the past, can not be regarded as a precondition for an unambiguous positive results in the future on the same PAMM-Account; 10.2. If the Broker has grounds for supposing the action of PAMM-Manager as a violation of these Terms and Conditions, the Broker reserves the right on its discretion to use the funds placed by PAMM-Manager in the Company, in order to meet the claims of investors who have placed their funds to the PAMM-Account of the PAMM- Manager. 10.3. Information provided in this section (list of risks) is not (and is not meant to be) exhaustive. Every PAMM-Manager undertakes to make an informed decision about managing the PAMM-Account before this PAMM-Account is registered. Each investor undertakes to assess all possible risks before investing money in the PAMM- Account, and if necessary, seek professional advice on the matter.
Appears in 1 contract
Samples: Pamm Agreement
STATEMENT OF RISKS. 10.1. The investor must be aware of the risks inherent in the PAMM-PAMM- Account service (such risks are in addition to the risks that are described in the risk Declaration), which can lead to substantial losses up to the loss of all funds invested on the PAMM-Account:
a) a. the Broker does not have opportunities to fully verify the degree of professionalism and experience of PAMM-Managers, respectively it is possible that the skills and knowledge of PAMM-Manager to manage the PAMM-PAMM- Account may not be enough;
b) b. PAMM-Manager can disrupt the obligation to manage the PAMM-PAMM- Account with respect to the best interests of investors, which the Broker may not have the information, so that the funds invested to PAMM-PAMM- Account, can be lost;
c) c. in the case of non-compliance with the privacy of identification data by PAMM-PAMM- Manager, access to the PAMM-Account can get unauthorized person, in consequence of that, the funds invested to PAMM-Account, may be lost;
d) d. The positive results of the PAMM-Account management in the past, can not be regarded as a precondition for an unambiguous positive results result in the future on the same PAMM-Account;
10.2. If the Broker has grounds for supposing the action of PAMM-Manager as a violation of these Terms and Conditions, the Broker reserves the right on its discretion to use the funds placed by PAMM-Manager in the Company, in order to meet the claims of investors who have placed their funds to the PAMM-Account of the PAMM- PAMM-Manager.
10.3. Information provided in this section (list of risks) is not (and is not meant to be) exhaustive. Every PAMM-Manager undertakes to make an informed decision about managing the PAMM-Account before this PAMM-Account is registered. Each investor undertakes to assess all possible risks before investing money in the PAMM- PAMM-Account, and if necessary, seek professional advice on the matter.
Appears in 1 contract
Samples: Pamm Agreement
STATEMENT OF RISKS. 10.1. The investor must be aware of the risks inherent in the PAMM-Account service (such risks are in addition to the risks that are described in the risk Declaration), which can lead to substantial losses up to the loss of all funds invested on the PAMM-Account:
a) the Broker does not have opportunities to fully verify the degree of professionalism and experience of PAMM-Managers, respectively it is possible that the skills and knowledge of PAMM-Manager to manage the PAMM-Account may not be enough;
b) PAMM-Manager can disrupt the obligation to manage the PAMM-Account with respect to the best interests of investors, which the Broker may not have the information, so that the funds invested to PAMM-Account, can be lost;
c) in the case of non-compliance with the privacy of identification data by PAMM-Manager, access to the PAMM-Account can get unauthorized person, in consequence of that, the funds invested to PAMM-Account, may be lostbelost;
d) The positive results of the PAMM-Account management in the past, can not be regarded as a precondition for an unambiguous positive results in the future on the same PAMM-Account;
10.2. If the Broker has grounds for supposing the action of PAMM-Manager as a violation of these Terms and Conditions, the Broker reserves the right on its discretion to use the funds placed by PAMM-Manager in the Company, in order to meet the claims of investors who have placed their funds to the PAMM-Account of the PAMM- PAMM-Manager.
10.3. Information provided in this section (list of risks) is not (and is not meant to be) exhaustive. Every PAMM-Manager undertakes to make an informed decision about managing the PAMM-Account before this PAMM-Account is registered. Each investor undertakes to assess all possible risks before investing money in the PAMM- PAMM-Account, and if necessary, seek professional advice on the matter.
Appears in 1 contract
Samples: Pamm Agreement
STATEMENT OF RISKS. 10.1. The investor must be aware of the risks inherent in the PAMM-PAMM- Account service (such risks are in addition to the risks that are described in the risk Declaration), which can lead to substantial losses up to the loss of all funds invested on the PAMM-Account:
a) a. the Broker does not have opportunities to fully verify the degree of professionalism and experience of PAMM-Managers, respectively it is possible that the skills and knowledge of PAMM-Manager to manage the PAMM-Account PAMMAccount may not be enough;
b) b. PAMM-Manager can disrupt the obligation to manage the PAMM-PAMM- Account with respect to the best interests of investors, which the Broker may not have the information, so that the funds invested to PAMM-PAMM- Account, can be lost;
c) c. in the case of non-compliance with the privacy of identification data by PAMM-ManagerPAMMManager, access to the PAMM-Account can get unauthorized person, in consequence of that, the funds invested to PAMM-Account, may be lost;
d) d. The positive results of the PAMM-Account management in the past, can not be regarded as a precondition for an unambiguous positive results result in the future on the same PAMM-Account;
10.2. If the Broker has grounds for supposing the action of PAMM-Manager as a violation of these Terms and Conditions, the Broker reserves the right on its discretion to use the funds placed by PAMM-Manager in the Company, in order to meet the claims of investors or any overpaid settlement due to any technical issues surrounding Pamm Services. To meet claim settlement who have placed their funds to the PAMM-Account of the PAMM- PAMM-Manager.
10.3. Information provided in this section (list of risks) is not (and is not meant to be) exhaustive. Every PAMM-Manager undertakes to make an informed decision about managing the PAMM-Account before this PAMM-Account is registered. Each investor undertakes to assess all possible risks before investing money in the PAMM- PAMM-Account, and if necessary, seek professional advice on the matter.
Appears in 1 contract
Samples: Pamm Agreement