Execution Only Transactions. You may direct ▇▇▇▇▇▇ to undertake an execution only transaction on your behalf even if you hold an Advisory account. An execution only transaction is a transaction executed by ▇▇▇▇▇▇ upon your specific instructions where ▇▇▇▇▇▇ does not give advice on the merits of that transaction. It may also be a transaction, where you either (a) elect explicitly to act is appropriate for you. You will not benefit from the protection of conduct of business rules as regards suitability. ▇▇▇▇▇▇ will not advise you on the merits of the transaction and you will be solely responsible for all investment decisions. In the event that we determine that the instruction is not within the category of non-complex instruments and that it is not appropriate for you, we are obliged to warn you of the risks involved before proceeding with the trade and if we consider that the transaction is not in your best interest then we may be obliged not to proceed with the trade. It is your responsibility to ensure that the instruction is lawful and does not amount to insider dealing, market manipulation or is a breach of any securities law or other law or regulation. 1. PART C Self-dealing
Appears in 2 contracts
Sources: Advisory Agreement, Advisory Agreement