Common use of Leverage Disclosure Clause in Contracts

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