Common use of Confirmations and Statements Clause in Contracts

Confirmations and Statements. You will receive confirmation statements reporting the execution of orders. You will also receive account statements reporting activity in your account. You acknowledge that, due to the nature of the markets involved, positions confirmed or deleted in error may result in a substantial loss. Consequently, you agree that if, for any reason, you fail to bring an error or discrepancy to Stifel’s attention within the period specified below, any loss will be your responsibility and liability, as applicable. Except as required by applicable law, these statements shall be conclusive and binding upon you unless you object within five (5) business days of receipt of confirmation statements and within ten (10) business days of receipt of account statements. Your objection must be in writing and directed to the following address: Legal Department Xxxxxx, Xxxxxxxx & Company, Incorporated 000 Xxxxx Xxxxxxxx St. Louis, Missouri 63102

Confirmations and Statements. You will receive confirmation statements reporting the execution execu- tion of orders. You will also receive account statements reporting report- ing activity in your account. You acknowledge that, due to the nature of the markets involved, positions confirmed or deleted in error may result in a substantial loss. Consequently, you agree that if, for any reason, you fail to bring an error or discrepancy dis- crepancy to Stifel’s attention within the period specified below, any loss will be your responsibility and liability, as applicable. Except as required by applicable law, these statements shall be conclusive and binding upon you unless you object within five (5) business days of receipt of confirmation statements and within ten (10) business days of receipt of account statements. Your objection must be in writing and directed to the following address: Legal Department Xxxxxx, Xxxxxxxx & Company, Incorporated 000 Xxxxx Xxxxxxxx St. Louis, Missouri 63102