s of foreign banks l"Foreign Securities"), Client acknowledges and understands that: (a) Foreign Securities are, in most cases, not registered with the Securities and Exchange Commissinn or Sated on any U.S. securities exchange. (b) Foreign Securities, particularly those of issuers in the so-called "emerging markets" are often illiqu

s of foreign banks ("Foreign Securities"), Client acknowledges and understands that: (a) Foreign Securities are, In most cases, not registered with the Securities and Exchange Commissinn or listed on any U.S. securities exchange, (b) Foreign Securities, particularly those of issuers in the so-called "emerging markets" are often illiq

s of foreign banks ("Foreign Securities"), Client acknowledges and understands that: (a) Foreign Securities are, In most cases, not registered with the Securities and Exchange Commissinn or listed on any U.S. securities exchange, (b) Foreign Securities, particularly those of issuers in the so-called "emerging markets" are often illiq