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Who is entitled to guaranteed funds in the event of a trust account?

Where the bank maintains the investment firm account which holds funds deposited by the firm customers in the context of rendering brokerage services by the firm, each of those customers is the Depositor within the limits of its share in the amount held in the account. Please note that the sum of all depositor claims against the bank is the basis of calculation of the amount due from the Fund to the Depositor (see: Question 10).