Common use of Supervision of Orders and Accounts Clause in Contracts

Supervision of Orders and Accounts. Apex will execute orders for ▇▇▇▇▇▇▇▇▇▇▇▇▇’s Customers after ▇▇▇▇▇▇▇▇▇▇▇▇▇’s appropriate principals have accepted and approved said Accounts. Correspondent will be responsible for the review and supervision of, and the suitability of, investments made by each and every one of its Customers and Apex shall have no responsibility in that regard. Correspondent shall be responsible for ensuring that all transactions in and activities related to all Accounts opened by it with Apex, including discretionary accounts, will be in compliance with all applicable laws, rules and regulations of the United States, the several states. governmental agencies, securities exchanges and FINRA, including any laws relating to Correspondent’s fiduciary responsibilities to Customers, either under the Employee Retirement Income Security Act of 1974 or otherwise. Correspondent shall diligently supervise the activities of its officers. employees and representatives with respect to all Accounts. Apex will perform the clearing services provided for in this Agreement for Accounts accepted by it in accordance with the terms of this Agreement, as it may be amended from time to time and otherwise in accordance with its best business judgment. To the extent, if any, that Apex accepts from Correspondent orders for execution in accordance with Section 7(a). Correspondent shall be responsible for informing Apex of the location of the securities that are the subject of the order so that Apex may comply with the provisions of Rule 4510 of FINRA’s Conduct Rules.

Supervision of Orders and Accounts. Apex will execute orders for ▇▇▇▇▇▇▇▇▇▇▇▇▇’s ▇ will execute orders for Correspondent's Customers after ▇▇▇▇▇▇▇▇▇▇▇▇▇’s Correspondent's appropriate principals have accepted and approved said Accounts. Correspondent will be responsible for the review and supervision of, and the suitability of, investments made by each and every one of its Customers and Apex ▇▇▇▇▇▇ shall have no responsibility in that regardresponsibility. Correspondent shall be responsible for ensuring insuring that all transactions in and activities related to all Accounts opened by it with Apex▇▇▇▇▇▇, including discretionary accountsAccounts, will be in compliance with all applicable laws, rules and regulations of the United States, the several states. , governmental agencies, securities exchanges and FINRAthe NASD, including any laws relating to Correspondent’s 's fiduciary responsibilities to Customers, either under the Employee Retirement Income Security Act of 1974 or otherwise. Correspondent shall diligently supervise the activities of its officers. , employees and representatives with respect to all Accounts. Apex ▇▇▇▇▇▇ will perform the clearing services provided for in this Agreement for Accounts accepted by it in accordance with the terms of this Agreement, as it may be amended from time to time time, and otherwise in accordance with its best business judgment. To the extent, if any, that Apex ▇▇▇▇▇▇ accepts from Correspondent orders for execution in accordance with Section 7(a). Correspondent 7(a),Correspondent shall be responsible for informing Apex ▇▇▇▇▇▇ of the location of the securities that are the subject of the order so that Apex ▇▇▇▇▇▇ may comply with the provisions of Rule 4510 Art. III, Sec. 21 of FINRA’s Conduct Rulesthe NASD Rules of Fair Practice.