Short-Term Trading. Investment Personnel and Fund Trustee’s shall not profit in the purchase and sale, or sale and purchase, of the same (or equivalent) security within sixty calendar days. Access persons shall not profit in the purchase and sale, or sale and purchase of any Destra Fund or Trust within sixty calendar days. Trades made in violation of this prohibition shall be unwound or, if that is impracticable, any profits must be disgorged to a charitable organization that is selected by the CCO or their designee.
Short-Term Trading. You understand that in the event you direct the liquidation of securities and such instructions result in short-term trading (e.g. units of an investment fund held in the account are sold or switched within 30 days of depositing funds into the account), the manager of an investment fund may charge a fee in accordance with the provisions set out in the applicable prospectus. We will pass on such short-term trading fees to you.
Short-Term Trading. Trust Entity shall:
Short-Term Trading. Broker/Dealer shall abide by the provisions set forth in the Contract prospectuses regarding transfers of funds between investment options. Broker/Dealer represents and warrants that it has established and currently maintains internal control procedures to monitor and deter trading activities that seek to benefit from short-term price fluctuations or price irregularities, commonly referred to as market timing.
Short-Term Trading. The parties hereto acknowledge that Company has adopted administrative procedures to discourage contract owners engaged in trading strategies that seek to benefit from short-term price fluctuations or price inefficiencies in the Portfolios ("Short-Term Trading"). The Company's Short-Term Trading policies applicable to the Variable Contract owners are disclosed in the Variable Contract prospectus, which may be amended from time to time by Company. The parties agree that the Variable Contracts are not intended to serve as vehicles for Short-Term Trading. The Company and the Fund agree to cooperate to deter transfer activity in the Portfolios where such activity occurs through the Variable Contracts and has been identified as abusive or following a "market timing" pattern. The Fund agrees to notify Company of transfer activity that the Fund deems to be Short-Term Trading activity. After receiving such notice from the Fund, Company agrees that it will cooperate with the Fund to limit Short-Term Trading to the extent permissible under the terms and conditions of its Variable Contracts and other governing laws.
Short-Term Trading. The Trust Company represents that it has adopted a policy (the “Short Term Trading Policy”) not to permit market timers or frequent traders to invest directly or beneficially in the Funds under the Plans. The Trust Company will enforce such Short-Term Trading Policy. The Trust Company represents that it has procedures in place to detect and prevent market timing and frequent trading with respect to direct or beneficial investment in the Funds under the Plans. The Trust Company will take all necessary steps under the terms of its agreements with the Plans to prevent such activity, including preventing a Plan Participant from beneficially investing in the Funds. The Trust Company agrees to cooperate with Series Trust to identify and discourage market timers and, to the extent supportable by its system, co-operate with Series Trust in addressing the Funds’ restrictions or prohibitions relating to frequent purchases or redemptions.
Short-Term Trading. Short term or speculative dealings are discouraged and securities bought or sold MAY NOT BE SOLD OR REPURCHASED WITHIN 30 CALENDAR DAYS WITHOUT SPECIFIC PERMISSION FROM AN AUTHORIZED SIGNATORY. The giving of permission will normally only be considered in the case of windfall shares, certain corporate actions and in extreme personal circumstances. Employees failing to adhere to the Short Term Trading Rule will be required to disgorge all profits arising on purchase and sales within the 30 calendar days to a charity of their choice. This prohibition includes any derivative or market equivalent in that security and is not contingent on the security being held by a client fund.
Short-Term Trading. First Affirmative does not prohibit short-term trading by employees. However, no trading strategy employed by the firm should in any way be detrimental to or not in the best interest of the client.
Short-Term Trading. First Affirmative does not prohibit short-term trading by IARs and employees. However, no trading strategy employed by IARs and employees of the firm should in any way be detrimental or not in the best interest of the client. Gifts and Entertainment (Third Party Benefit) A conflict of interest occurs when the personal interests of an IAR or employee interfere or could potentially interfere with their responsibilities to the firm and its clients. The overriding principle is that IARs and employees should not accept inappropriate gifts, favors, entertainment, special accommodations, or other third party benefits of material value that could influence their decision-making or make them feel beholden to a person or firm. Similarly, IARs and employees should not offer gifts, favors, entertainment or other things of value that could be viewed as overly generous or aimed at influencing decision-making or making a client feel beholden to the firm, the IAR or the employee.
Short-Term Trading. Service Provider agrees to use reasonable efforts to assist Pioneer by discouraging short-term trading in the Funds, consistent with the policies of Pioneer and each Fund as described in the Fund's prospectus. Service Provider further agrees to notify Pioneer in the event that Service Provider becomes aware of any short-term trading that is inconsistent with such policies with respect to any intermediary or account, including any aggregate activity by accounts under common control. Pioneer reserves the right to restrict the ability of account holders engaging in short-term trading to effect transactions in the Funds, in accordance with the prospectus. Service Provider agrees that upon notice from Pioneer that any short-term activity is disruptive to the fund(s), to terminate such account holder and/or intermediary from subsequent Fund purchases or exchanges.
