Epstein Secrets

ations based on such instructions. 12. Role of Certain Tbird Parties. DBSI engages a third.Party ales ring agent, Perishing. Client understands that Pershing ie the custodian of Client's assets, clears and settles all transactions, and extends credit on any margin purchases. where applicable. Client furt

ch Securities and Other Property in Client's Margin Account(s) for margin purposes as shall be required under Applicable Law or otherwise by OBS! or Pershing for any reason. Client may be required to post, deposit or maintain aoditlanal ontlateral at any time. In addition to the rigthe othernise set birth

roperty on margin or otherwise, and (ii) any other instructions concerning Account(s). Client further understands that the contract between DBSI end Pershing. end the services rendered thereunder, are not intended to create a joint vendee, partnership, or other bun of business organization of any kied.Rer

ct from time to time. "Applicable Law' shall also include the rules of any natinnal securities association, registered seounties exchepge or of the Options Clearing Corporation or other clearing organization applicable to the trading of option contracts. 4. 'Branch Supervisor' means the manager of the branch office at whic

of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC ("Pershing"), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Account as a

ising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DBSI engages a third-party clearing agent, Pershing. Client understands that Pershing is the custodian of Client's assets, clears and settles all transactions, and extends credit on any margin purcha

ave the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien, Pershing may, at anytime and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

from time to time. "Applicabie Law" shall also include the rules of any national securities association, registered securities exchange or of the Options Clearing Corporation or other clearing organization applicable to the trading of option contracts. 4. "Branch Supervisor" means the manager of the branch office at whic

le 12b-1 fees) or by the inenegers and other service providers to the funds (not•out of fund assets). DBSI also participates in a program offered by Pershing, under which DBSI shares in revenue received by Pershing from mutual funds offered on the Pershing platform. All of these payments may vary based on

ct from time to time. 'Applicable Law" shall also include the rules of any natinnol securities essociation, registered seventies exchange or of the Options Clearing Corporation or other clearing organization applicable to the trading of option contracts. 4. 'Branch Supervisor means the manager of the branch office at which

le 12b-1 fees) or by the inenegers and other service providers to the funds (not•out of fund assets). DBSI also participates in a program offered by Pershing, under which DBSI shares in revenue received by Pershing from mutual funds offered on the Pershing platform. All of these payments may vary based on

ct from time to time. 'Applicable Law" shall also include the rules of any natinnol securities essociation, registered seventies exchange or of the Options Clearing Corporation or other clearing organization applicable to the trading of option contracts. 4. 'Branch Supervisor means the manager of the branch office at which