Direct Market Access and Suitability Obligations. Orders entered by you may be sent directly to the exchange or market without prior review by the Firm. However, we reserve the right to review any of your trades prior to entry to the exchange or market. You understand that we have the right to reject, change or remove any order entered by you or to cancel any trade resulting from an order entered by you. You acknowledge that the Firm does not give tailored investment advice or recommendations to you and does not accept any responsibility to advise you on the suitability of any of your investment decisions or transactions. You acknowledge that you are responsible for your investment decisions as well as for any profits or losses that may result. The securities that are eligible for trading by the Firm in your Account is determined by the Firm in its sole discretion. The types of securities supported by the Firm from time to time are described in the FAQ section of the Firm’s Website. For greater certainty, the Firm in its sole discretion may determine that any security that it has previously determined is eligible for trading is no longer eligible for trading. Additional fees may apply for certain securities, including options, warrants, OTC securities or mutual funds, as set out in the WSII Fee Schedule. The Firm may determine in its sole discretion that a security is no longer eligible for fractional trading. If the Firm makes such a determination, you acknowledge and agree that the Firm may liquidate any fractional holding of such security in your Account. The Firm is not responsible for any loss from such liquidation. In the event of any corporate action in relation to securities held in your Self-Directed Account, the Firm will assign you to the default position, and where relevant, credit dividends or other payments into your Account or allocate securities to your Self-Directed Account. The Firm will accept your instructions to act on a corporate action against a reasonable fee as set out in the WSII Fee Schedule. The Firm will use reasonable efforts to ensure that corporate actions are properly executed and that any changes or cancellations to such actions are communicated to you in a timely manner. However, the Firm is not liable for any losses resulting from changes or cancellations to corporate actions, and you assume the risk of any such changes or cancellations.
