Past version: Effective up to 16 Jul 2019

Notwithstanding that the Clearing Fund may have been drawn upon, CDP may at any time thereafter claim all losses and expenses consequent upon such force-sale, 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 buying customer and, failing him;
(2) the Defaulting Clearing Member.