ping. for example, if you are holding my /our securities and you become insolvent, i /we may experience significant delay in recovering the securities. these are risks that i /we are prepared to accept.
7. general
all securities held for my /our account shall be subject to a general lien in your favour, for the performance of my /our obligations to you arising in respect of dealing in securities for me /us.
if you fail to meet your obligations to me /us pursuant to this agreement, i /we shall have a right to claim under the compensation fund established under the securities ordinance, subject to the terms of the compensation fund from time to time.
you will notify me /us of material changes in respect of your business which may affect the services you provide to me /us.
i /we confirm that i /we have read and agree to the terms of this agreement, which have been explained to me /us in a language that i /we understand.
this agreement is governed by, and may be enforced in accordance with, the laws of the special administrative region of hong kong.
signed by _________ in the presence of _________
date:_________ date:_________
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