Unless otherwise permitted by the Securities and Futures Act, a Trading Member must obtain a written acknowledgement from a customer that the customer is aware of the risk associated with holding and trading of securities and Futures Contracts. This Rule does not apply to a customer who is an Accredited Investor or Institutional Investor trading only in securities.

Amended on 3 April 20083 April 2008 and 18 September 201218 September 2012.