9 unchanged sentences
Each liquidity risk is assessed individually, considering its potential impact on the business, stakeholders, and reputation to establish appropriate risk mitigation measures.
−Removed: We have monitoring programs and controls to monitor, review, challenge, and discuss key liquidity issues that may have impact on the Company.
+Added: We have monitoring programs and controls to monitor, review, challenge, and discuss key liquidity issues that may impact the Company.
Credit risk is the risk of loss due to adverse changes in a borrower’s, issuer’s or counterparty’s ability to meet its financial obligations under contractual or agreed upon terms.
51 unchanged sentences
We offer our advisors and their clients two FDIC insured bank sweep vehicles and a CCA that are interest rate sensitive.
−Removed: Our FDIC insured sweep vehicles include an (1) insured cash account (“ICA”) for individuals, trusts, sole proprietorships and entities organized or operated to make a profit, such as corporations, partnerships, associations, business trusts and other organizations and (2) an insured deposit cash account (“DCA”) for advisory individual retirement accounts.
+Added: Our FDIC insured sweep vehicles include an (1) insured cash account (“ICA”) for individuals, trusts, sole proprietorships and entities organized or operated to make a profit, such as corporations, partnerships, associations, business trusts and other organizations and (2) an insured deposit cash account (“DCA”) for individual retirement accounts and retirement plan accounts that are enrolled in certain LPL advisory programs.
Clients earn interest on deposits in the ICA and the DCA while we earn a fee.
10 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.