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        Margin Disclosure Statement

        Moomoo Financial Inc. (“Firm”) is furnishing this document to you to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account. Before trading stocks in a margin account, you should carefully review the margin agreement provided by your firm. Consult your Firm regarding any questions or concerns you may have with your margin accounts.

        When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price from the Firm. The securities purchased are the Firm’s collateral for the loan to you. If the securities in your account decline in value, so do the value of the collateral supporting your loan, and, as a result, the Firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, to maintain the required equity in the account. 


        1. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following

        1.1. You can lose more funds than you deposit in the margin account. A decline in the value of securities that are purchased on margin may require you to provide additional funds to the Firm that has made the loan to avoid the forced sale of those securities or other securities or assets in your account(s).

        1.2. The Firm can force the sale of securities or other assets in your account(s). If the equity in your account falls below the maintenance margin requirements, or the Firm’s higher "house" requirements, the Firm can sell the securities or other assets in any of your accounts held at the Firm to cover the margin deficiency. You also will be responsible for any shortfall in the account after such a sale.

        1.3. The Firm can sell your securities or other assets without contacting you. Some investors mistakenly believe that a Firm must contact them for a margin call to be valid and that the Firm cannot liquidate securities or other assets in their accounts to meet the call unless the Firm has contacted them first. This is not the case. Most firms will attempt to notify their customers of margin calls, but they are not required to do so. However, even if a Firm has contacted a customer and provided a specific date by which the customer can meet a margin call, the Firm can still take necessary steps to protect its financial interests, including immediately selling the securities without notice to the customer.

        1.4. You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call. Because the securities are collateral for the margin loan, the Firm has the right to decide which security to sell to protect its interests.

        1.5. The Firm can increase its "house" maintenance margin requirements at any time and is not required to provide you advance written notice. These changes in Firm policy often take effect immediately and may result in the issuance of a maintenance margin call. Your failure to satisfy the call may cause the member to liquidate or sell securities in your account(s).

        1.6. You are not entitled to an extension of time on a margin call. While an extension of time to meet margin requirements may be available to customers under certain conditions, a customer does not have a right to the extension. 

        The Firm’s right to liquidate your securities. The Firm has the right to adjust the margin requirements at any time, for any security, and without notice to you in response to market conditions or regulatory requirements. If such adjustment of margin requirements in a deficiency in your account, the Firm may require to deposit additional cash or securities or it may liquidate any securities, in your account, without notice to you, in an effort to meet the deficiency. 


        2. Additional disclosures

        2.1. All accounts are margin accounts. However, you will be charged interest only if you borrow cash for the Firm.

        2.2. Conditions under which an interest charge will be imposed. Interest will be charged on the net debit balance in your account. For a complete list of the Firm’s commission and fees please visit Commission and Fees.

        2.3. The annual rate or rates of interest that can be imposed. Margin interest rates will vary based upon changes in prevailing short-term interest rates. The Firm will post current interest rates on its website. Interest rates may change without prior notice to you.

        2.4. The method of computing interest. For each day there is a debit balance in your accounts, the interest charged for that day is calculated by multiplying the applicable interest rate by your debit balance, with the result divided by 360. The sum of the daily interest charges is totaled at the end of each account statement period and is posted to your accounts on the last business day of the account statement period.

        2.5. Margin collateral. Liquidation. The amount you borrow from the Firm as margin is collateralized by the cash and securities in your account. As indicated above, the Firm may adjust the margin interest rate and the margin requirements at any time. If such adjustment results in a deficiency in your account, the Firm may require you to deposit additional cash or securities or may liquidate securities in your account.

        Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.