Agent’s Own Account; Clients’ Account Clause Samples

The 'Agent’s Own Account; Clients’ Account' clause defines the distinction between transactions or actions performed by an agent for their personal benefit versus those conducted on behalf of clients. In practice, this clause clarifies when an agent is acting in their own interest, such as making investments for themselves, as opposed to executing trades or managing assets for clients. By establishing this separation, the clause helps prevent conflicts of interest and ensures transparency, thereby protecting clients and maintaining trust in the agent-client relationship.