Online Access Disclosure
Customer understands and acknowledges that Global American Investments
Inc. (GAI) specializes in offering discount self-directed electronic
day-trading and on-line level one (retail) access to the market.
As such, GAI is not a full service regular retail stock brokerage
operation.
Customer will enter his/her own trades through the Internet. In
emergencies, Customer can call the GAI order desk or call his/her
registered representative who will arrange to enter the trade on
behalf of Customer.
Neither GAI, nor it's personnel will give investment or tax advice,
nor advise on trading strategies, and customer may not make any
reliance on any such advice should Customer request such advice
from any person at GAI.
Customer is responsible for monitoring his/her own trading activities.
Customer acknowledges and agrees that all daytrading risk and disclosure
statements are binding on level one and IRA accounts. Customer is
to review all his/her trade confirms, daily positions including
margin, and monthly statements. Neither GAI, nor its personnel,
are responsible for Customers trading losses. It is not GAI's nor
it's personnel’s' responsibility to monitor Customers' account for
losses or unusual activity. Customer may not make reliance on GAI's
monitoring of his/her account, as conditions beyond GAI's control
such as but not limited to market volatility, internet conditions,
technical equipment failure, power outages, terrorism, etc. may
preclude this from happening at all. Since GAI is a discount operation,
where Customer enters and directs his/her own trading and account
activities.
If a discrepancy or problem is noticed customer is to immediately
notify his /her registered representative, and is to follow up with
a fax to the Firm Compliance Officer at 909-396-8899.
Failure to notify the firm immediately constitutes customer's acceptance
that Customer's account is in order.
The firm's Compliance Officer can also be contacted via telephone
at 909-396-8899 & Fax: 909-396-1883
Chinese speaking personnel are available if a translation is required.
Customer undertakes to visit the GAI website and review the posted
disclaimers and risk disclosures.
|