Improved Client Money Segregation

Many Lehman Brothers’ customers were unaware of procedures relating to Lehmans’Client Money Segregation and the extent to which their money was protected.

Awareness of how and where your money is held with your broker, is vital, especially if it is held in different currencies and countries.

As a result of the implementation of MIFID in 2007, and as was reflected by 2009 court cases, there is a possibility that Client Money Segregation have been reduced or even that no protection is currently given. We can assist in having this scenario possibly reversed.

These 2009 court cases have further highlighted the complexity of Client Money Segregation and the courts’ guidelines should be taken in consideration.

We will:

analyse the extent of your contractual Client Money Segregation in agreements with large corporate brokers and assist in negotiations with them.

assess if MIFID amendments introduced by large brokers affected your segregation and suggest potential reversal of this effect.

provide suggestions in view of 2009 case law.