OPT-DOWN FROM A PROFESSIONAL CLIENT Clause Samples

The "Opt-Down from a Professional Client" clause allows a client who is initially classified as a professional client under regulatory frameworks to request reclassification as a retail client. In practice, this means the client can formally notify the service provider of their wish to receive the higher level of regulatory protections and disclosures afforded to retail clients, such as more detailed risk warnings or suitability assessments. This clause serves to ensure that clients who may not feel comfortable with the reduced protections of professional status can proactively secure greater safeguards, addressing the problem of mismatched client categorization and enhancing investor protection.
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OPT-DOWN FROM A PROFESSIONAL CLIENT. 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.
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