MIR-4.7.7

A member may only use a client's assets for its own account, and/or for the account of any of its other clients if:

(a) That client has given his express consent in writing;
(b) The use of the client assets is restricted to the terms and conditions stipulated on the agreement agreed and signed by it; and
(c) The agreement in which that client's consent is requested by the member gives clear information to him on:
(i) The rights, obligations and responsibilities of the member and/or of the clients for whose account the member has been allowed to use the client's assets, with respect to the use of such assets; and
(ii) The risks involved.
Amended: January 2019
Amended: April 2013
Adopted January 2010