Corrected and Late Trade Reports. I understand that from time to time Clearing Firm may receive late and/or erroneous trade reports from exchanges or market makers. I understand and agree that the status of orders which are not reported to me or which are reported as having expired, been cancelled or been executed, may be changed in response to such late and/or erroneous reports in order to reflect what actually occurred in the marketplace with respect to such order. Impartial Lottery Allocation System. When Clearing Firm holds on my behalf bonds or preferred stocks in street or bearer form which are callable in part, I agree to participate in the impartial lottery allocation system of the called securities in accordance with the provi- sions of the New York Stock Exchange, Inc. (“NYSE”) and/or Financial Industry Regulatory Authority (“FINRA”) rules. Further, I understand when the call is favorable, no allocation will be made to any account in which Clearing Firm, its officers, or employees, have a financial interest until all other clients’ positions in such securities are satisfied on an impartial lottery basis.
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