Applicable Rules and Regulations. All transactions made for your Account will be subject to the applicable laws and regulations (including XXXX rules and banking laws, as applicable), by-laws, regulations, rules, policies and customs governing the financial institutions, exchanges or markets and their clearing houses (if any) where the orders are executed and to all laws, regulations and orders of any applicable governmental or regulatory authorities (collectively, Applicable Rules and Regulations). You acknowledge that the Firm may record all telephone calls by which your orders are placed or confirmed between you and the Firm. You will not and will not permit others to use or access your Account in violation of any applicable law or intellectual property right, in a manner that threatens the security or functionality of your Account or the Firm, or for any purpose or in any manner not expressly permitted in this Account Agreement. You will not access or use your Account for the purpose of building a similar or competitive product or services. You will not use unauthorized computer algorithms to place trades or access your account. You will not use your Account for business activity related to the purchase or sale of illegal, controlled, or prohibited goods or services. You will not use your Account in connection with a person for whom it is prohibited by law to do so, including: (a) a person who is subject to economic or trade sanctions or is in a country that is subject to sanctions in Canada; (b) a person who is, or is alleged to be, a member of or associated with, a criminal organization or persons who are known to be associated with a criminal organization, including any terrorists, terrorists groups, or any person known, or suspected by you, to be involved in terrorist activities; or (c) a person who is listed as a politically exposed person under applicable anti-bribery laws. The Firm reserves the right to cancel or suspend your Account, block transactions or freeze your funds, immediately and without notice if we determine that your Account is associated with or is or was used in violation of this section 1.c. In addition, the Firm may cancel or suspend your Account, block transactions or freeze your funds, immediately and without notice, even if you are not in default of this agreement if, in our sole discretion: ● there is unusual, improper, or suspicious activity; ● you are or appear to be the victim of fraud or identity theft in order to prevent future losses; ● we are require...
