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A firm must not enter into arrangements for securities financing transactions in respect of safe custody assets held by it on behalf of a client or otherwise use such safe custody assets for its own account or the account of any other person orclient of the firm, unless: | A firm must not enter into arrangements for securities financing transactions in respect of safe custody assets held by it on behalf of a client or otherwise use such safe custody assets for its own account or the account of any other person orclient of the firm, unless: | ||
(a) the client has given express prior consent to the use of the safe custody assets on specified terms; and | (a) the client has given express prior consent to the use of the safe custody assets on specified terms; and | ||