For the purposes of CAT CAIS, the value ‘ADVISER’ in the customerType field has the same definition as “Investment Adviser” in Section 202(a)(11) of the Investment Advisers Act of 1940.

Further, a customer is considered associated with a US registered Investment Adviser if they are such a person as defined as “a person associated with an investment adviser” in Section 202(a)(17) of the Investment Advisers Act of 1940.