Carrying Dealer definition

Carrying Dealer means any dealer maintaining a fully/principally disclosed agreement/arrangement with an introducing dealer, whereby the carrying dealer is responsible for customer monies and securities, and confirms transactions to the customer accounts introduced; such dealer who carriers accounts for Florida residents must be registered pursuant to the provisions of Section 517.12, F.S.
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Carrying Dealer means a Member or Investment Dealer Member that carries customer accounts in accordance with Rule 1.1.6 to the extent, at a minimum, of clearing and settling trades, maintaining books and records of customer transactions and the holding of client cash, securities and other property;
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Examples of Carrying Dealer in a sentence

  • In the case of a Level 1 Introducing Dealer and corresponding Carrying Dealer, both Members must maintain a copy of each client's NAAF.

  • Leggings can be worn if in very good condition and of proper size.

  • Introducing and Carrying Dealer ArrangementAs permitted by MFDA with respect to introducing and carrying dealer arrangement; 2.

  • My Dealer is responsible for the opening and approval of new accounts and for supervising my advisor including ensuring that investments and trading activity in my account are suitable for me.Role of ADSCADSC, as the Carrying Dealer on this account, is responsible for trade execution and for settling trades (both of which my Dealer may do in certain circumstances) and custody of my cash and my securities.

  • The carrying dealer is an Investment Dealer Member and the arrangement complies with Rule 1.1.6 (d) and (e).(b) Member Carrying Dealer.

  • This chapter also discusses how some of the constraints can be overcome.

  • Line A4 – Receivable from Carrying Dealer or Mutual Fund Line A4 includes commissions, trailer fees and other fees due from mutual fund companies or carrying dealers as at trade date.

  • Disclosure NoticesIntroducing Carrying Dealer ArrangementGP Capital Insurance Agency Ltd (“introducing dealer”) has entered into introducing/carrying dealer arrangement with B2B Bank (“carrying dealers”).

  • This policy applies to any and all personal data processed by or on behalf of CHHS.

  • For example, if the client had an account at a member who is a Carrying Dealer, who does not have the responsibility to send statements, but the client’s investments are with CWT the MFDA says we do have to send statements.

Related to Carrying Dealer

  • Exchanging Dealer means any Holder (which may include any Initial Purchaser) that is a Broker-Dealer and elects to exchange for New Securities any Securities that it acquired for its own account as a result of market-making activities or other trading activities (but not directly from the Company or any Affiliate of the Company).

  • soliciting dealer means a person whose interest in a distribution of rights is limited to soliciting the exercise of the rights by holders of those rights;

  • managing dealer means a person that has entered into an agreement with an issuer under which the person has agreed to organize and participate in the solicitation of the exercise of the rights issued by the issuer;

  • Participating Dealer means any licensed broker or dealer and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.

  • Soliciting Dealers means those broker-dealers that are members of the Financial Industry Regulatory Authority, or that are exempt from broker-dealer registration, and that, in either case, enter into participating broker or other agreements with the Dealer Manager to sell Shares.

  • investment dealer means a person or company registered in the category of investment dealer;

  • Initial Purchaser As defined in the preamble hereto.

  • Dealer Manager means Realty Capital Securities, LLC, or such other Person selected by the Board of Directors to act as the dealer manager for the Offering.

  • Participating Broker-Dealer has the meaning set forth in the Registration Rights Agreement.

  • Restricted Broker-Dealer Any Broker-Dealer which holds Broker-Dealer Transfer Restricted Securities.

  • Participating Broker-Dealers shall have the meaning set forth in Section 4(a) hereof.

  • Eligible Dealer means any corporation or other entity having as a principal business acting as a broker or dealer in securities.

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Broker-Dealer Any broker or dealer registered under the Exchange Act.

  • Dealer Managers shall have the meaning set forth in the preamble.

  • Broker-Dealer Subsidiary means any Subsidiary that is registered as a broker-dealer under the Exchange Act or any other applicable law requiring similar registration.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:

  • Initial Purchase Date The first Payment Date following the month in which the Pool Balance is initially reduced to less than 20% of the Cut-off Date Balance.

  • Wholesale dealer means any dealer who deals in, or who holds a licence under any law to deal in, as the case may be, wholesale quantities of goods, and the business and stock of a wholesale dealer shall be deemed to include the business and stocks of any retail dealer who conducts business on the same premises on which the wholesale dealer conducts his or her business; and

  • Broker-Dealer Agreement means this Agreement and any substantially similar agreement between the Auction Agent and a Broker-Dealer.

  • Forward Purchaser has the meaning set forth in the introductory paragraph of this Agreement.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Grain dealer means a person engaged in the business of receiving, buying, exchanging, selling, or storing farm produce in this state. The term includes a farm produce trucker, grain merchandiser, or processor. The term does not include a person solely engaged in 1 of the following:

  • Regular Dealer means a DBE firm that owns, operates, or maintains a store, warehouse, or other establishment in which the materials supplies, articles, or equipment of the general character described by the specifications and required under the contract are bought, kept in stock, and regularly sold or leased to the public in the usual course of business.