Leverage Disclosure. Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. Should the Client borrow money to purchase securities, the Client’s responsibility to repay the loan as required by his/her terms remains the same even if the value of the securities purchased declines. BPIC does not lend money to Clients.
Appears in 1 contract
Sources: Client Account Agreement
Leverage Disclosure. Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources onlyonly . Should the Client borrow money to purchase securities, the Client’s responsibility to repay the loan as required by his/her terms remains the same even if the value of the securities purchased declinesdeclines . BPIC BHIMI does not lend money to ClientsClients .
Appears in 1 contract
Sources: Client Account Agreement
Leverage Disclosure. Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources onlyonly . Should the Client borrow money to purchase securities, the Client’s responsibility to repay the loan as required by his/her terms remains the same even if the value of the securities purchased declinesdeclines . BPIC BPICI does not lend money to ClientsClients .
Appears in 1 contract
Sources: Client Account Agreement