3. DISCLOSURE TO CLIENTS
IB shall disclose to Clients that they are an IB of INNOVEST SYSTEM INC., and not, in fact, employed by or
affiliated with INNOVEST SYSTEM INC.. IB and IB’s employees shall make no attempt to deceive or confuse
Clients into thinking that they are employed by or affiliated with INNOVEST SYSTEM INC.. IB shall disclose
to clients that IB is compensated by INNOVEST SYSTEM INC. for its referral of Introduced Clients based on
Introduced Clients’ volume of trading activity. If IB is compensated by additional commission on
Introduced Clients’ accounts, Introduced Clients must be clearly notified of this as well, and must consent
to the commission by placing their signature upon the Referral Addendum document describing such
commission. IB must also inform clients that third-party deposits are not allowed. All of the above
disclosures must be announced to clients at least, but not limited to, through placing prominent
disclosures upon the IB’s website and account opening documentation. INNOVEST SYSTEM INC. may, in its
absolute discretion, accept or decline Introduced Client's application to open a live trading account with
INNOVEST SYSTEM INC.. The IB shall be notified by INNOVEST SYSTEM INC., whether or not the application
was approved or declined, within 5 business days of receipt of the application.