Common use of DISCLOSURE OF CREDIT TERMS Clause in Contracts

DISCLOSURE OF CREDIT TERMS. Rule 10b-16 of the Securities Exchange Act of 1934 requires a broker who extends credit to a customer in connection with any securities transaction to furnish the customer specified information describing the terms, conditions, and methods whereby interest charges are made to customers’ accounts. This disclosure statement is provided to you by Clearing Firm in conformity with that rule. Cash Accounts: Cash Accounts may be subject, at Clearing Firm’s discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, from failure to timely deliver securities sold, from proceeds of sales paid prior to settlement date, or for other charges which may be made to your Account. You understand and agree that the interest charged shall be determined by the rate applied on margin accounts.

DISCLOSURE OF CREDIT TERMS. Rule 10b-16 of the Securities Exchange Act of 1934 requires a broker who extends credit to a customer in connection with any securities transaction to furnish the customer specified with information describing the terms, conditions, and methods whereby interest charges are made to customers’ ' accounts. This disclosure statement is provided to you by Clearing Firm in conformity with that rule. Cash Accounts: . Cash Accounts may be subject, at Clearing Firm’s 's discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, from failure to timely deliver securities sold, from proceeds of sales paid prior to settlement date, or for other charges which may be made to your Account. You understand and agree that the interest charged shall be determined by the rate applied on margin accounts.

DISCLOSURE OF CREDIT TERMS. Rule 10b-16 of the Securities Exchange Act of 1934 requires a broker who extends credit to a customer in connection with any securities transaction to furnish the customer specified with information describing the terms, conditions, and methods whereby interest charges are made to customers’ ' accounts. This disclosure statement is provided to you by Clearing Firm in conformity with that rule. rule.‌‌‌‌‌ Cash Accounts: . Cash Accounts may be subject, at Clearing Firm’s 's discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, from failure to timely deliver securities sold, from proceeds of sales paid prior to settlement date, or for other charges which may be made to your Account. You understand and agree that the interest charged shall be determined by the rate applied on margin accounts.

DISCLOSURE OF CREDIT TERMS. Rule 10b-16 of the Securities Exchange Act of 1934 requires a broker who extends credit to a customer in connection with any securities transaction to furnish the customer specified with information describing the terms, conditions, and methods whereby interest charges are made to customers’ ' accounts. This disclosure statement is provided to you by Clearing Firm in conformity with that rule. Cash Accounts: . Cash Accounts may be subject, at Clearing Firm’s 's discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, from failure to timely deliver securities sold, from proceeds of sales paid prior to settlement date, or for other charges which may be made to your Account. You understand and agree that the interest charged shall be determined by the rate applied on margin accounts.accounts.‌‌‌‌