(See Limitations of Liability, Section 5.). However, if you place a limit order, you are less likely to get an execution. If you have an account for which you are acting in a fiduciary capacity, it is your responsibility to consider whether it is appropriate for envelopes to be mailed to you that might contain material relating to both your personal and fiduciary capacities. If several purchase transactions are required in order to reinvest your and other customers' eligible cash distributions in a particular security, the purchase price per share will be the weighted average price per share for all such shares purchased. For our protection or to satisfy your obligations to us, we can,at our discretion and without prior demand or notice, sell or otherwise liquidate all or any part of the Securities and Other Property, securing your obligations or closing any or all transactions in your Schwab Account. If you think there has been an error or problem with your wire transfer: You must contact us within 180 days of the date we promised to you that funds would be made available to the recipient. Generally speaking, your daily adjusted debit balance is the actual settled debit balance in your Margin and Short Account, increased by the value of securities held short and reduced by the amount of any settled credit balance carried in your Cash Account. 3. You must maintain a minimum amount of equity in your account to collateralize your outstanding loans and other obligations. With the ongoing integration of TD Ameritrade, scheduled. Otherwise, no third party will be deemed to be an intended or unintended third-party beneficiary of this Agreement. The company averages 6 million trades per day across 34 million client accounts worth $7.1 trillion. If an account is transferred, if a stock undergoes a reorganization or if stock certificates are ordered out of an account, those partial share positions that cannot be transferred or reorganized will be liquidated at prevailing prices. You acknowledge that it may not be possible to cancel a market or limit order once you have placed it, and you agree to exercise caution before placing all orders. You should understand that you can limit the risk of price fluctuations by placing a limit order. You agree to pay all subscription, service and use fees, if any, that you are charged by Schwab or its designee for Schwab's Electronic Services. Schwab may establish from time to time minimum balance requirements to open an Account. Schwab can modify aPricing Guideor fee schedule applicable to a Service at any time. If you provide Schwab with evidence of the validity of the security from an independent third party within 60 days of receiving the notice of removal, Schwab will reinstate your position. Charles Schwab is a discount broker with service, education, trading tools and research that put it in the top tier of investment firms. The beneficiary may be you or another person. The spread refers to the difference in price between what you can buy a security for and what you can sell it for. We may change this buying agent anytime. As a brokerage firm, Charles Schwab offers a multitude of investment accounts, but it is also an online. Most stocks traded on national securities exchanges and some over-the-counter (OTC) securities are marginable. Some of your collateral is or becomes restricted or non-negotiable or non-marginable. If you have instructed the issuers or sponsors of your Non-Publicly Traded Securities to report values to Schwab, you agree that Schwab may, in its sole discretion, display on your Schwab statement the most recent values provided during the prior 18 months. Our security procedures are designed to verify the authenticity of wire instructions, not to detect any errors in their transmission or content. If you are a new customer and the error or question concerns a Schwab MoneyLinkElectronic Fund Transfer that occurred within 30 days after the first deposit to your Schwab Account was made, we will tell you the results of our investigation within 20 Business Days after we hear from you. Notwithstanding the foregoing, with respect to any retirement plan brokerage custodial account (including a Company Retirement Account [CRA] or Personal Choice Retirement Account[PCRA]) subject to the terms of this Agreement, you as the plan's Trustee or other applicable plan fiduciary or agent, further acknowledge and agree that Schwab has no responsibility for determining whether any transaction or investment would constitute a prohibited transaction, generate unrelated business taxable income, or constitute a listed transaction or reportable transaction, as any of those foregoing terms are defined in the Internal Revenue Code and regulations thereunder, or to inform you of the consequences and/or reporting requirements with respect to such transactions. If the net amount of any dividend, interest or other payment set to be automatically disbursed to you by check is less than $100, it will remain as a credit balance in the Account and will not be automatically sent to you. You further agree that to the extent funds are not available, Schwab is authorized to liquidate any investments in your account necessary to generate the funds needed to satisfy your tax obligation. Some securities may become the subject of tender or exchange offers, which are limited in time. We may also disclose such information to third parties in certain circumstances, including: A Trusted Contact Person ("TCP") is someone at least 18 years of age you tell us we can contact if we suspect you may be subject to financial exploitation or if we have questions about your mental or physical well-being. Charles Schwab & Co., Inc. ("Schwab"), member SIPC, is a separate but affiliated subsidiary of The Charles Schwab Corporation. Their call center operators and branch employees can tell you what's required. We may process any payment order we believe is transmitted or authorized by you if we act in compliance with the agreed upon security procedure. You agree to pay or receive the prevailing market price at the time your market order was executed, even if the execution market price is significantly higher or lower than you anticipated at the time you placed the order. We may send you emails about services and products we believe may be of interest to you. You acknowledge and agree that Schwab is the principal underwriter of the Schwab Funds. You may recover unclaimed property turned over to a state by contacting that state. If we are unable to obtain shares to lend to you, you will not be permitted to transfer the short position to your Schwab Account. You alone are responsible for the taxes resulting from your trades, including any tax liability arising as a result of foreign legal obligations. You are responsible for the confidentiality and use of your access number, password and account number, and for all securities and other transactions initiated through these means. This manual review may result in a delay in execution. Unless you make other arrangements with your local Schwab office, we may use available funds in your Schwab Account to settle a transaction. I understand that account terms for such other account at Schwab, including account fees, other fees and charges, Cash Features, interest rates and returns on cash may be different and either more or less beneficial than comparable terms for my Schwab Account. You authorize us to purchase for your account shares of the securities you have selected for the Schwab StockBuilder Plan. Risk of Wider Spreads. When you do, please tell us: We will determine whether an error occurred within 90 days after you contact us, and we will correct any error promptly. For accounts managed by an advisor, any and all authorizations you grant to your advisor or other third parties with respect to your Account will apply to the successors and assigns of such advisor or other third party, subject to limitations of applicable law. Change Your Login ID. Day Trading can be very risky and is not appropriate for customers with limited resources, limited investment or trading experience, or a low risk tolerance. SIPC Coverage. In the bond market, there is no centralized exchange or quotation service for most fixed income products. If there is a discrepancy between an issuer-provided value and a third-party value, Schwab may report the value of your Non-Publicly Traded Security as "N/A" or "Not Available." The buying agent will use all funds it receives on behalf of service participants to purchase shares of SCHW stock in the open market. You may not use your account or any account-related service to process gambling transactions, or to conduct any other activity, that would violate applicable law. Sort columns by clicking on the column header. In these situations, the current valuation will be displayed on your next Schwab statement. Charles Schwab Client Center. You specifically represent and warrant that you have not been designated by the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) as a Specially Designated National or blocked person, that you have no reason to believe that you would be considered a blocked person by OFAC, and that you are not acting as agent of any such person. Fax:* 1-877-535-3852. In the event that a SchwabSweep Money Fund is no longer able to maintain the net asset value of its shares at $1, then you authorize and instruct Schwab, without further notice to you, to redeem all of your SchwabSweep Money Fund shares as soon as commercially practicable and deposit the proceeds in your Account. View All Branches | Charles Schwab For example, we can require additional collateral if an account contains: We also may consider market conditions and your financial resources. With respect to such assets awaiting investment or deposit: (i)where such assets are received by Schwab on a Business Day and before deposit cutoff time for the local Schwab Investor Center with which the funds are deposited, such interest may be earned by Schwab through the beginning of the following Business Day; (ii)where such assets are received on a day which is not a Business Day, or where such assets are received after the local Schwab Investor Center's deposit cutoff time, such interest may be earned through the beginning of the second following Business Day. For further details, please seewww.sipc.org. Make yourself at home. Accordingly, you may receive an inferior price in one extended hours trading system than you would in another extended hours trading system. The year range represents most of the records. You agree that you are responsible for knowing the features, rights, and terms of all securities in your account and that you are responsible for making election decisions in corporate actions. If you wish to try to change or cancel your market order, you agree to call a Schwab representative to assist you. This affiliation does not limit the authority of our representatives to provide you with information about any available investment vehicles, including third-party mutual funds that are not affiliated with Schwab. You agree to pay our commissions and transaction, processing, custody and other fees, and/or those of the entity to which your non-standard security is delivered, as they exist from time to time and apply to the transactions and services you receive in connection with these securities paid to you by the fund. You further agree to abide by any rules, procedures, standards, requirements or other conditions we may establish in connection with the use of our Electronic Services or any other electronic communications services made available by Schwab. Schwab processes your requests to change or cancel an order on a best-efforts basis only and will not be liable to you if Schwab is unable to change or cancel your order. In particular, you agree that Schwab's policies and procedures on minimum investment requirements, exchange of fund shares, dividend accrual and date for payment of accrued dividends upon redemption of a daily dividend fund may vary from those applicable to direct fund shareholders. Partial shares are not available to be issued out of an account in certificate form. You further agree that we may determine, in our sole discretion, that a written order needs further clarification. This is the case regardless of whether you reside or transact business with Schwab in California or elsewhere, except that the section entitled "Arbitration" shall be governed by the Federal Arbitration Act. Schwab can change the eligibility criteria for Cash Features on advance written notice to affected clients, or make certain Cash Features available to clients that do not otherwise meet published criteria. We will refund your money within three Business Days of your request to cancel a transfer as long as the funds have not already been picked up or deposited into a recipient's account. More detailed information on cost basis is available in the Cost Basis Disclosure Statement, located onschwab.com. You can also be charged a fund's redemption fee that would not be imposed by the fund on direct shareholders holding fund shares under the same circumstances. Before you submit a short sale order, you will be notified of the current cost of borrowing those shares. Box 982600 El Paso, TX 79998, Charles Schwab & Co., Inc. We obtain market data from securities exchanges and markets and from third parties that transmit market data (collectively referred to in this section as "the market data providers"). Germany Births and Baptisms, 1558-1898 FamilySearch Unless you notify Schwab otherwise, Schwab will make a reasonable effort to link qualified accounts of persons with the same last name at the same home address. We will direct written communications to the mailing address you provided on your Account Application, or as you otherwise specify. Schwab may assign calling teams and specific phone numbers to support certain client groups based on certain factors, which may include asset levels and trading history. If, on any given day, the accrued daily dividend for your SchwabSweep Money Fund as calculated for your Account is less than half of one cent ($0.005), your shares will not earn a dividend for that day. Because restricted/control securities transactions require special handling by both Schwab and third parties, processing your transaction may require several weeks, during which time the price of your securities may fluctuate. For accounts with the margin feature, Schwab reserves the right, but has no obligation, to negotiate with you or an advisor who manages a Schwab account for you, a different margin rate for your Account. Christopher Spriggs - Senior Customer Suppor.. - Celonis | ZoomInfo We will charge interest on your debit balance according to our Disclosure of Credit Terms and Policies. We will pay all brokerage commissions or service charges assessed by the buying agent that apply to automatic reinvestment transactions in SCHW stock. We can transfer Securities and Other Property from any non-retirement brokerage account in which you have an interest to any other non-retirement brokerage account in which you have an interest, regardless of whether there are other account holders on either account, if we determine that your obligations are not adequately secured or to satisfy a margin deficiency or other obligation. No prior conduct, past practice or oral statement by any Schwab employee or agent can amend or modify this written agreement, including, but not limited to, Schwab's right to liquidate or close positions in a margin account at any time and without notice as set forth in the Margin and Short Account Agreement. If the termination age selected is different from the state's default age, the Custodian agrees and acknowledges that he (she) is responsible under UGMA or UTMA for determining the proper termination age and that Schwab is not responsible for doing so. You agree we may sell securities in your Account to comply with any court order, garnishment, levy, or other legal obligation imposed by a court, government agency, regulatory body, or law enforcement authority. Schwab may suspend or terminate your access to its Electronic Services for reasons including, but not limited to, the unauthorized use of your account access information, breach of this Agreement, discontinuance of Schwab's access to any Information or any other data from any Information Provider or Research Provider or termination of one or more agreements between Schwab and Information Providers, Third-Party Research Providers or Information Transmitters.
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