Option Accounts. Before engaging in option trading for any customer, Broker shall deliver to the customer a current disclosure statement of the Options Clearing Corporation and any effective supplements. Broker shall obtain the required signatures on all option agreements, shall obtain proper approval of the opening of all option accounts and shall otherwise comply with all applicable laws, rules and regulations relating to options accounts and option trading. Broker shall deliver to Pershing a copy of a signed option agreement for each customer approved by it for options trading in a form acceptable to Pershing.
Appears in 3 contracts
Sources: Fully Disclosed Clearing Agreement (Pinnacle Global Group Inc), Fully Disclosed Clearing Agreement (Chapman Holdings Inc), Fully Disclosed Clearing Agreement (Echapman Com Inc)