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Ally Invest Securities
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===Asymmetric indemnification clauses=== Ally Invest may present customers with an account agreement which includes language like the following:<ref name=":0" /> <blockquote>In addition, I agree that the Indemnified Parties will not be liable for any Losses that result from....any activities of or services provided by the Indemnified Parties in connection with My Account (including, without limitation, any technology services, reporting, trading, research or capital introduction services)</blockquote> <blockquote>I consent to the use of automated systems....I understand that the use of Automated Systems entails risks...that could cause substantial damage, expense or liability to Me. I understand and agree that Indemnified Parties will have no liability whatsoever for any Losses arising out of or relating to a System Failure.</blockquote> But in practice, the customer will be expected to unconditionally make timely and competent performance on cash, securities, instructions, documents, etc. or suffer consequences like margin loan interest without any provision for indemnification. Similarly, Ally Invest requires the customer to endorse a sweeping guarantee of "Information Accuracy" but does not make the same guarantee (specifies indemnity for itself instead). Customers should be aware that Ally Invest may exercise great pain to indemnify itself which could result in economic loss to customers.
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