Allocation Changes. Client and/or Advisor may only make one Allocation change during Market Hours of each Business Day pursuant to laws and rules governing Day Trading activities (as defined in the Brokerage Agreement). Client understands and agrees that when Client or Advisor has already made an Allocation change during the Betterment Trading Hours on a given Business Day, Betterment may elect to treat Client or Advisor’s attempts to make subsequent Allocation changes during Betterment Trading Hours on that day as instructions entered outside Betterment Trading Hours and process them the next day or Betterment may elect to refuse Client or Advisor’s instruction. Unless expressly modified by the terms of the Advisor Agreements, Client represents and warrants that Client shall consult with Advisor about an Allocation change instruction before Client makes any Allocation change instruction.
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Sources: Betterment Client Agreements, Betterment Client Agreements, Sub Advisory Agreement