Common use of Funds and Securities Received by Broker Clause in Contracts

Funds and Securities Received by Broker. Broker shall promptly deposit with Pershing funds or securities received by Broker from its customers, together with such information as may be relevant or necessary to enable Pershing to record such remittances and receipts in the respective customer accounts.

Appears in 12 contracts

Samples: www.sec.gov, Disclosed Clearing Agreement (Gleacher & Company, Inc.), Fully Disclosed Clearing Agreement (Southern Trust Securities Holding Corp)

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Funds and Securities Received by Broker. Broker shall promptly deposit --------------------------------------- with Pershing funds or securities received by Broker from its customers, together with such information as may be relevant or necessary to enable Pershing to record such remittances and receipts in the respective customer accounts.

Appears in 1 contract

Samples: Disclosed Clearing Agreement (Ziegler Companies Inc)

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Funds and Securities Received by Broker. Broker shall promptly deposit xxxxxxt with Pershing funds or securities received by Broker from its customers, together with such information as may be relevant or necessary to enable Pershing to record such remittances and receipts in the respective customer accounts.

Appears in 1 contract

Samples: Clearing Agreement (American Portfolios Holdings Inc)

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