LFD definition
Examples of LFD in a sentence
DDLP desires to enter into an agreement with LFD pursuant to which LFD shall promote the sale of the Funds' shares through broker/dealers, financial advisers and other financial intermediaries (collectively "Financial Intermediaries").
DDLP desires to enter into an agreement with LFD pursuant to which LFD shall: (i) promote the sale of the Funds' shares through broker/dealers, financial advisers and other financial intermediaries (collectively "Financial Intermediaries"); (ii) create messaging and packaging for certain non-regulatory sales and marketing materials related to the Funds; and (iii) produce such non-regulatory sales and marketing materials related to the Funds.
The responsibility of LFD hereunder shall be limited to the promotion of sales of the Funds' shares through Financial Intermediaries.
LFD also agrees that LFD will submit such sales literature and advertisements to the NASD, SEC or other regulatory agency as from time to time may be appropriate, considering practices then current in the industry.
LFD is not empowered to approve orders for sales of the Funds' shares or to accept payment for such orders.