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Changes to the Privacy Policy, Share Trading Terms and Conditions, and Exchange Traded Options Product Disclosure Statement (PDS) effective 1 May 2022

From 1 May 2022, there will be some changes to the Privacy Policy, Share Trading Terms and Conditions, and Exchange Traded Options Product Disclosure Statement.

Key changes reflect the separation of Australian Investment Exchange Limited (AUSIEX) from the Commonwealth Bank Group as there is no longer an affiliation between the two entities.

These changes include:

Privacy Policy

  • Removal of any and all references to Commonwealth Bank of Australia (CBA), Commonwealth Securities Limited (CommSec) and CommSec Adviser Services (CAS) from Section 1 ‘Your privacy is important to us’.

Share Trading Terms and Conditions

  • Removal of any and all references to Commonwealth Bank of Australia (CBA), Commonwealth Securities Limited (CommSec) and CommSec Adviser Services (CAS) from ‘Who we may exchange your information with’.

Exchange Traded Options PDS

  • Removal of Section 44 ‘Client’s obligations to Commonwealth Bank of Australia’ containing Client undertakings to CBA to perform, in favour of CBA and for CBA’s benefit, each and every obligation owed by the Client to AUSIEX under or in connection with the Client Agreement and related obligations. Subsequent section numbers have been renumbered due to the removal of Clause 44.

You can find the updated Privacy Policy, Share Trading Terms and Conditions, and Exchange Traded Options Product Disclosure Statement available for download from this website from 1 May 2021.

Should you have any questions about these changes, please contact us.

Published: 25 April 2022

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