CmaBylaw
Executive Bylaws
2-1 Organizational Requirements Of Module Seven: Clients’ Funds and Clients’ Assets
Section: Chapter Two: General Provisions
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Sunday, 05 February 2017
A Licensed Person shall make all appropriate arrangements to hold and maintain Client’s Funds and Clients’ Assets and not use the same unless for their assigned purposes. The Licensed Person may not use these funds or assets or rights arising from the same for his own account, or for the account of any other Client or third party, and all arrangements for holding and maintaining Clients’ Funds and Clients’ Assets shall be provided by means of automated and supervisory systems of the Licensed Person adequate to maintain accurate records and to manage operations effectively.
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