A Licensed Person may deposit Clients’ Assets held by it on behalf of his Clients into an account or accounts open with a third party who is licensed by the Authority, or licensed by an equivalent foreign regulatory entity, to hold Clients’ Assets. A Licensed Person shall take Care of a Prudent Person while selecting this Person and considering in particular the following: 1. Legal requirements and market practices. 2. Financial status and reputation. 3. Dangers of depositing assets at one entity.