AssetLock® is a tracking software used to monitor the performance of a user’s account. The AssetLock® software compares the user’s account performance on a daily basis to a pre-determined loss level set by the user (known as the “AssetLock® Percentage”). If the user’s account loses value and begins to approach the AssetLock® Percentage, the AssetLock® software automatically alerts the user that the account value is approaching the AssetLock® Percentage. The AssetLock® Percentage is only a reference point to help keep the user informed on the performance of the user’s account. Data and alerts are based on values as of close of the market on the previous business day. While AssetLock® does it’s best to ensure accurate data, AssetLock® is not responsible in the event of incomplete or incorrect data.
The AssetLock® software is monitoring software only and is not an actual stop loss program. The AssetLock® software will not automatically sell any securities in the user’s account. The user, or the user’s financial professional, must initiate any trades or changes in the user’s account. AssetLock® assumes no responsibility or liability for use of the AssetLock® software and will in no event be responsible for any losses in a user’s account.