Common use of OPT-DOWN FROM A PROFESSIONAL CLIENT Clause in Contracts

OPT-DOWN FROM A PROFESSIONAL CLIENT. 28.7. A client who is categorized as a Professional Client has the right to opt-down to a Retail Client (with a higher level of protection) for all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorization; it is the sole responsibility of the client to ask in writing for this higher level of protection when the client is unable to properly assess or manage the risks involved in its investment decisions.

OPT-DOWN FROM A PROFESSIONAL CLIENT. 28.7. 29.5 A client who is categorized categorised as a Professional Client has the right to opt-down to a Retail Client (with a higher level of protection) for all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept such a categorizationcategorisation; it is the sole responsibility of the client to ask in writing for this higher level of protection when the client is unable to properly assess or manage the risks involved in its investment decisions.

OPT-DOWN FROM A PROFESSIONAL CLIENT. 28.7. 29.5 A client who is categorized categorised as a Professional Client has the right to opt-down to a Retail Client (with a higher level of protection) for all business conducted with us or on a “product category basis”, provided, however, that we are not obliged to accept toaccept such a categorizationcategorisation; it is the sole responsibility of the client to ask in writing for this higher level of protection when the client is unable to properly assess or manage the risks involved in its investment decisions.