An investment firm, before entering into securities financing transactions in relation to financial instruments -
(a) held by the firm on behalf of a retail client, or
(b) otherwise to use the financial instruments for its own account or for the account of another client,
shall, in good time before the use of those instruments provide the retail client, in a durable medium, with clear, full and accurate information on -
(i) the obligations and responsibilities of the investment firm with respect to the use of those financial instruments,
(ii) the terms for their restitution, and
(iii) the risks involved.