Periodic plan definition

Periodic plan means any writ­ ten authorization for a broker acting as agent to purchase or sell for a cus­ tomer a specific security or securities (other than securities issued by an open end investment company or unit investment trust registered under the Investment Company Act of 1940), in specific amounts (calculated in securi­ ty units or dollars), at specific time in­ tervals and setting forth the cbmmis- sions or charges to be paid by the cus­ tomer in connection therewith (or the manner of calculating them); and
Periodic plan means any plan required to be completed within the period of time specified by the National Planning Commission.
Periodic plan means any written authorization for a broker acting as agent to purchase or sell for a cus- tomer a specific security or securities (other than securities issued by an open end investment company or unit investment trust registered under the Investment Company Act of 1940), in specific amounts (calculated in secu- rity units or dollars), at specific time intervals and setting forth the commis- sions or charges to be paid by the cus- tomer in connection therewith (or the manner of calculating them); and

Examples of Periodic plan in a sentence

  • Periodic plan and investment company plan transactions will be provided in Customer account statements.

  • Periodic plan and investment company plan transactions will be provided in Client account statements.


More Definitions of Periodic plan

Periodic plan means any written authorization for a bank acting as agent to purchase or sell for a customer, a specific security or securities, in specific amounts (calculated in security units or dollars) or (to the extent of dividends and funds available) at specific time intervals, and setting forth the commission or charges to be paid by the customer in connection therewith, or the manner of calculating them;
Periodic plan means any writ­ ten authorization for a bank acting as agent to purchase or sell for a custom­ er a specific security or securities, in specific amounts (calculated in securi­ ty units or dollars) or to the extent of dividends and funds available, at spe­ cific time intervals and setting forth the commission or charges to be paid by the customer in connection there­ with, or the manner of calculating them;