Past version: Effective from 22 Apr 2013 to 05 Sep 2021

Notwithstanding that the Clearing Fund may have been drawn upon, CDP may at any time thereafter claim the difference and all losses and expenses consequent upon such acquiring of securities, and all damages which CDP may sustain in this connection (regardless of whether such losses, expenses and damages have been insured against) shall be recoverable by CDP from:—

(1) the selling customer and, failing him;
(2) the Defaulting Clearing Member.

Added on 22 April 201322 April 2013.