LPL definition
Examples of LPL in a sentence
LPL may at its discretion deem an eligible person to be an ineligible person if LPL becomes aware that the person is prohibited as a matter of law from holding funds at the Bank.
Free credit balances may be used by LPL in the ordinary course of its business subject to the requirements of Rule 15c3-3 under the Securities Exchange Act of 1934.
Under these arrangements, LPL will generally earn interest or a return based on short-term market interest rated prevailing at the time.
It is Client’s responsibility to advise LPL immediately if the cost basis information is portrayed inaccurately.
Such bonus for LPL Research personnel is based on the performance of certain portfolios managed by LPL Research.
However, LPL mitigates this conflict by basing the bonus calculation on short and long-term performance, capping the amount of compensation paid regardless of the return, and tying a portion of the compensation to the outperformance of all LPL managed portfolios.
LPL will initiate instructions to deliver funds and/or securities within two weeks of Client’s written request.
LPL shall have the right at its sole discretion to advocate administratively or judicially on your behalf where LPL suspects exploitation of any kind, dementia and/or undue influence.
Client acknowledges, understands and agrees that for our mutual protection, LPL may electronically record telephone conversations.
The use of customer free credit balances generally generates revenue for LPL in the forms of interest and income, which LPL retains as additional compensation for its services to its clients.