In the context of investment products, what does it mean for a client to be "prohibited" from participation?

When a client is described as "prohibited" from participation in an investment, it means that they are not allowed to purchase that specific investment. This prohibition could arise from various reasons, such as regulatory restrictions, lack of the necessary qualifications, or potential conflicts of interest that prevent the individual from engaging in that particular investment product.

Understanding the implications of this prohibition is crucial in the context of compliance and investor protection. It ensures that clients do not invest in products for which they do not meet eligibility criteria, thus safeguarding both their financial well-being and the integrity of the financial market.