Client Authorization / Agent Authorization Clause Samples

Client Authorization / Agent Authorization. Pursuant to Section 3 of the FTSA, the Client hereby confirms to BBH (select only one): ☐ that Client has chosen all the permitted Designated Security Procedures for FT Instructions for itself and Client’s Authorized Persons; OR ☐ that Client’s Authorized Persons are permitted to select the Designated Security Procedures such Authorized Person will use for FT Instructions, Client acknowledges and consents to the Designated Security Procedure(s) selected by one or more such Authorized Person(s), and Client authorizes BBH to accept from such Authorized Person(s) the selection and use of such Designated Security Procedure or Designated Security Procedures.