MLOLI Terms and Conditions
The information in this Internet site (the "Site") is restricted by password.
The information provided on this Site is not directed at, or intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Merrill Lynch or its affiliates to any registration requirement within such jurisdiction or country.U.S. investors are directed to our U.S. site at http://www.mlol.ml.com.
Not an Offer:
Neither the information nor any opinion expressed in the Site constitutes an offer by any of the Merrill Lynch group of companies to buy or sell any securities or financial instruments or provide any investment service.
one of the services, investments, securities or financial instruments referred to in the Site are available, and prospectuses in respect of them will not be distributed, to persons resident in any territory where such distribution would be contrary to local law or regulation. The investment services and products mentioned in the Site may not be available in every jurisdiction. The information does not amount to a representation that the investment services and products are available for your specific use or otherwise provided to you.
Deposits will only be taken by members of the Merrill Lynch group that are authorized to do so, and in countries where they are so authorized. Deposits will not be taken from investors where such might be deemed to infringe relevant local laws or regulations in that investor's jurisdiction. The information in the Site is descriptive of the operations of the Merrill Lynch group as a whole and the services, securities and financial instruments described may not be available to or suitable for you. Not all strategies are appropriate at all times. The opinions expressed in the Site do not constitute investment advice.
The contents of this Site do not have regard to the specific investment objectives, financial situation or the particular needs of any specific person who may access this Site. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies referred to on this Site and should understand that statements regarding future prospects may not be realized. The value and income of any of the securities or financial instruments mentioned in the Site can fall as well as rise and an investor may get back less than he invested. Foreign-currency denominated securities and financial instruments are subject to fluctuations in exchange rates that could have a positive or adverse effect on the value, price or income of such securities and financial instruments. Past performance is not indicative of comparable future results and no projection, representation or warranty is made regarding future performance.
One or more of the Merrill Lynch group of companies may at any time be long or short any securities or financial instruments mentioned in the Site or have a material interest in any such securities or related investment, or may be the only market maker in relation to such investments, or provide, or have provided advice, investment banking or other services, to issuers of such investments. The Site has been prepared by an entity which may have its own specific interest with respect to the issuer, the financial instruments and/or the transactions which are the subject matter of research featured on the Site.
Merrill Lynch and/or its affiliates may, to the extent permitted by applicable law and/or regulation, trade for their own accounts as odd-lot dealer, market maker, block positioner, specialist and/or arbitrageur in any securities of the issuer(s) of the securities referred to in this Site or in related investments, and may be on the opposite side of public orders, participate or invest in financing transactions with the issuer(s) of the securities referred to in this Site, perform services for, or solicit business from, such issuers, and/or have a position or holding, or other material interest or effect transactions in such securities or options thereon or investments related thereto. Merrill Lynch may, to the extent permitted by applicable law and/or regulation, act upon or use the information or opinions presented on this Site, or the research or analysis on which they are based, before the material is published. Merrill Lynch may be providing, or have provided within the previous 12 months, significant advice or investment services in relation to the investment concerned or a related investment. Additional information is, subject to duties of confidentiality, available on request. Some investments referred to on this Site will be offered solely by a single entity and, in the case of some investments, solely by Merrill Lynch, or an associate of Merrill Lynch, or Merrill Lynch may be the only market maker in such investment.
Your receipt of the investment services and products mentioned in the Site may have tax consequences to you. Therefore, it is important to bear in mind that Merrill Lynch does not provide tax advice. Your tax affairs are your own responsibility and you should consult your own tax advisor to understand the tax consequences attributable to any products and services mentioned in the Site. As many of the products and services mentioned in the Site are offered by members of the Merrill Lynch group outside of your country of residence, the regulatory requirements applying to those products and services, including any compensation arrangements, may be different from those of your country of residence.
The information presented in the Site was obtained from various sources; it is believed to be reliable but is subject to change at any time without notice. Merrill Lynch does not guarantee its completeness or accuracy. Additional information is, subject to the duties of confidentiality, available.
Approved for distribution in the United Kingdom (except where otherwise indicated) by Merrill Lynch International Bank Limited (London Branch) (Financial Conduct Authority Register Number 435887 and VAT Registration Number 245 1224 93) of Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ, which is authorized by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority ("FCA") and the Prudential Regulation Authority ("PRA"). Details about the extent of our regulation by the Financial Conduct Authority and the Prudential Regulation Authority are available from us on request. The FCA's website http://www.fca.org.uk and PRA website http://www.bankofengland.co.uk/pra/Pages/default.aspx contain a wide range of information of specific relevance to UK customers and provides access to the FCA register.
In respect of UK investors, certain Merrill Lynch entities referred to on this Site have no place of business in the United Kingdom and are not regulated by the FCA or the PRA nor subject to UK regulations. Unless otherwise stated, the regulatory regime governing Merrill Lynch entities, including Merrill Lynch, Pierce, Fenner & Smith, Inc., and an investor's rights, will be different to that of the UK. Investors may, however, be entitled to similar protection in the jurisdiction in which the relevant entity is organized or resident.
The UK compensation scheme and rules for the protection of private customers do not apply to the services provided or products sold by non-UK regulated affiliates. Some products and services may not be available in all jurisdictions or to all investors.
Mutual Fund Information:
In respect of the United Kingdom, mutual fund materials are only directed at persons to whom, and are distributed only to persons to whom, unregulated collective investment schemes may be promoted in accordance with the rules of the FCA regarding "relevant persons." Such investments are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such investments will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on these materials.
Terms and Conditions:
The following terms and conditions ("Terms and Conditions") govern your use of Merrill Lynch Online. By accepting and using Merrill Lynch Online, you confirm that you are 18 years of age or older and you agree that these Terms and Conditions supplement, and shall be incorporated into, your existing account agreement with Merrill Lynch, Pierce, Fenner & Smith Inc. ("Merrill Lynch") as though they were fully set out in that agreement which otherwise remains in full force and effect.
Vendor Licenses and Internet Access Services:
No amendment, change or waiver of any such licenses and agreements, or of these Merrill Lynch Online Terms and Conditions, by any Merrill Lynch employee or representative is either authorized or permitted. Merrill Lynch bears no responsibility for your use of any third party vendor's software or services.
Copyright and Trademark:
Use of Links:
Account Data Access:
Quotes, News, and Research:
Merrill Lynch is not agreeing to nor is required to update research commentary and news stories; therefore that information may not reflect events occurring after the date of publication. Merrill Lynch is not responsible for any delays or errors in any information you obtain from the Site. If you download any information from Merrill Lynch Online for your personal reference, you agree that you will not remove or obscure any copyright or other notices contained in any such information. Except as provided in the preceding sentence, you agree not to reproduce, modify, sell, distribute, broadcast, publish, or use for any commercial or unlawful purpose any quotes, news, research or other information you receive through Merrill Lynch Online.
Due to security concerns, you should not send any personal or identifying information, such as account numbers, Visa® numbers, Social Security numbers, passwords, etc. via e-mail. Merrill Lynch will not be responsible for any loss or damage that could result from interception by third parties of any information you send via e-mail. All e-mail messages sent by you to your Financial Advisor or to you from your Financial Advisor will be recorded and archived and are available for review by Merrill Lynch's managers and compliance personnel as well as by Merrill Lynch's regulatory examiners. Account information available on the Internet via Merrill Lynch Online is highly encrypted for confidentiality. You acknowledge that this account information is available to authorized Merrill Lynch employees via proprietary or encrypted Internet transmissions.
Merrill Lynch reserves the right at any time, on giving notice, to change or modify these Terms and Conditions or to impose new conditions in respect of Merrill Lynch Online, or to change or discontinue any aspect or feature of Merrill Lynch Online. Merrill Lynch shall be entitled to terminate your access to Merrill Lynch Online at any time on giving notice to you and, in any event, if you commit any breach of these Terms and Conditions. Merrill Lynch shall have no liability to you for such termination. Notices may be served by any reasonable method including posting on the Merrill Lynch web site.
You shall indemnify Merrill Lynch from and against all actions, claims, proceedings, costs and damages (including any damages or compensation paid by Merrill Lynch on the advice of its legal advisors to compromise or settle any claim) and all legal costs or expenses arising out of your use of Merrill Lynch Online, and any breach by you of the software licenses and service agreements governing the software made available to you in connection with Merrill Lynch Online. By accepting these Terms and Conditions, you expressly invite Merrill Lynch to call you about investments.
Disclaimer of Warranty and Limitation of Liability
Nothing in these Terms and Conditions shall limit the duty or liability of Merrill Lynch which is owed to its customers, which arises under a specific regulatory system applicable to Merrill Lynch, to the extent that it is not reasonable for Merrill Lynch to rely or seek to rely on such an exclusion.
You agree that authorized Merrill Lynch employees may access data relating to your account via the Merrill Lynch Online Internet service, to the same extent that they may access such data by other means of communications.
These Terms and Conditions shall be governed by and interpreted under the laws of the state of New York.
Whether or not you actually read these Terms and Conditions, your use of the Site will be deemed as acceptance of them. The contract entered into, upon receipt by Merrill Lynch, Pierce, Fenner & Smith Incorporated of your acceptance, shall be deemed concluded in the State of New York. If you are a resident of Spain, you hereby confirm that you have printed out a copy of these Terms and Conditions and the Regulatory Information section. The contractual rights which residents of Ireland enjoy by virtue of S39 of the Sale of Goods and Supply of Services Act of 1980, are in no way prejudiced by anything contained in these Terms and Conditions.
Merrill Lynch does not operate as a banking entity in all jurisdictions. Some services and products may not be available in all jurisdictions or to all clients.