Personal Trading Account definition

Personal Trading Account means a personal investment or trading account of a Supervised Person or Access Person or a related account. Specifically, Personal Trading Account includes: (i) trusts for which an Supervised Person or Access Person acts as trustee, executor, Client custodian or discretionary manager; (ii) accounts for the benefit of the Supervised Person or Access Person’s spouse or minor child; (iii) accounts for the benefit of a relative living with the Supervised Person or Access Person; and (iv) accounts for the benefit of any person to whom the Supervised Person or Access Person provides material financial support.A Personal Trading Account may also include an investment or trading account over which a Supervised Person or Access Person exercises control or provides investment advice or a proprietary investment or trading account maintained for the Firm or its Supervised Persons and Access Persons.

Personal Trading Account means a personal investment or trading account of an Employee or Access Person or a related account. Personal Trading Account includes: (i) any investment or trading account in which an Employee has a direct or indirect beneficial interest; (ii) trusts for which an Employee or Access Person acts as trustee, executor, custodian or discretionary manager; (iii) accounts for the benefit of the Employee or Access Person’s spouse or minor child; (iv) accounts for the benefit of a relative living with the Employee or Access Person; and (v) accounts for the benefit of any person to whom the Employee or Access Person provides material financial support. A Personal Trading Account may also include an investment or trading account over which an Employee or Access Person exercises control or provides investment advice or a proprietary investment or trading account maintained for the Company or its Employees and Access Persons.

Personal Trading Account means a personal investment or trading account of an Access Person or an account related to a personal investment or trading account of an Access Person. Personal Trading Accounts include accounts for: (i) trusts for which an Access Person acts as trustee, executor, custodian or discretionary manager; (ii) the benefit of the Access Person’s spouse or minor child; (iii) the benefit of any Immediate Family Member living with the Access Person; and (iv) the benefit of any person to whom the Access Person provides material financial support.It may be possible for Access Persons to exclude accounts held personally or by Immediate Family Members sharing the same household if the Access Person does not have any direct or indirect influence or control over the accounts, or if the Access Person can rebut the presumption of beneficial ownership over family members’ accounts. Access Persons should consult with the CCO before excluding any accounts held by Immediate Family Members sharing the same household.A Personal Trading Account may also include an investment or trading account over which an Access Person exercises control or provides investment advice or a proprietary investment or trading account maintained for the Firm or its Access Persons.

Examples of Personal Trading Account in a sentence

• All email/letter/or memo documentation must be kept in a Personal Trading Account file for audit purposes for all trades regardless of size.

• Employees are prohibited from acquiring securities in a Personal Trading Account through an allocation by the underwriter of an initial public offering (IPO).

• When an Access Person closes an existing Personal Trading Account, or no longer has influence or control over a Personal Trading account he or she shall promptly report such events to their Compliance Department.

• Access Persons must identify the brokerage firm or other entity at which each Personal Trading Account is maintained, including the title of the account, the account number, and the name and address of the brokerage firm or other entity.

• Access Persons must also disclose the Securities held in each Personal Trading Account, including the name of the security, the type of security, the number of shares or principal amount (for debt securities), the nature of the Access Person’s interest in the security, and the brokerage firm where it is held.

• Personal Trading Account is managed on a discretionary basis by a person other than the Access Person, over which the Access Person does not exercise influence or control, and for which the Access Person is neither consulted nor advised of purchase or sale transactions before such transactions are executed.

• Accordingly, all Personal Trading Account activity, and Supervised Persons’ activities generally, must comply fully with both the letter and spirit of this Code and the principles described herein.

• Additionally, upon opening or closing a Personal Trading Account, Supervised Persons and Access Persons are required to notify the CCO accordingly by email or in writing.

• Covered Persons are prohibited from buying or selling, or causing or recommending the purchase or sale of, a Security or related instrument for any account, including any Personal Trading Account or Client account, while you or anyone else at the Firm is in possession of MNPI relating to that Security or its issuer.

• If the CCO intends to trade in his Personal Trading Account, he will submit the Personal Securities Trading Approval Form to the CEO, who will carry out the responsibilities applicable to the CCO, as described further below.

More Definitions of Personal Trading Account

Personal Trading Account means a personal investment or trading account of an Supervised Person or an Supervised Person related account (this may include, but is not limited to, an account for which an Supervised Person is a trustee or custodian, a spousal account, any account of an Supervised Person’s children or any account for an individual who relies on the Supervised Person for material support) in which an Supervised Person has any direct or indirect beneficial ownership interest, an investment or trading account over which an Supervised Person exercises control or provides investment advice, or a proprietary investment or trading account maintained for the Firm or its Supervised Persons. Specifically, Personal Trading Account includes:

Personal Trading Account means a personal investment or trading account of an Employee or Access Person or related account (this may include, but is not limited to, an account for which an Employee or Access Person is a trustee or custodian, a spousal account, any account of an Employee or Access Person's children or any account for an individual who relies on the Employee or Access Person for material support) in which an Employee or Access Person has any direct or indirect beneficial ownership interest, an investment or trading account over which an Employee or Access Person exercises control or provides investment advice, or a proprietary investment or trading account maintained for the Firm or its employees. Specifically, Personal Trading Account includes:

Personal Trading Account means a personal investment or trading account of an Access Person or an account related to a personal investment or trading account of an Access Person. Personal Trading Accounts include accounts for: (i) trusts for which an Access Person acts as trustee, executor, custodian or discretionary manager; (ii) the benefit of the Access Person’s spouse or minor child; (iii) the benefit of any Immediate Family Member living with the Access Person; and (iv) the benefit of any person to whom the Access Person provides material financial support.

Personal Trading Account means a personal investment or trading account of an Access Person or a related account in which any Securities (whether Reportable or Non-Reportable) are held for the person's direct or indirect benefit or in which the person has any Beneficial Ownership (and thus include accounts of Family Members). Personal Trading Accounts include but are not limited to: (i) trusts for which an Access Person acts as trustee, executor, custodian or discretionary manager; (ii) accounts for the benefit of the Access Person’s spouse or minor child; (iii) accounts for the benefit of a relative living with the Access Person; and (iv) accounts for the benefit of any person to whom the Access Person provides primary financial support. A Personal Trading Account also includes an investment or trading account over which an Access Person exercises control or provides investment advice or a proprietary investment

Personal Trading Account means a personal investment or trading account of an Employee or an Employee related account (this may include, but is not limited to, an account for which an Employee is a trustee or custodian, a spousal account, any account of an Employee’s children or any account for an individual who relies on the Employee for material support) in which an Employee has any direct or indirect beneficial interest, an investment or trading account over which an Employee exercises control or provides investment advice, or a proprietary investment or trading account maintained for the Firm or its Employees. Specifically, Personal Trading Account includes:

Personal Trading Account means a personal investment or trading account of an Employee or Access Person or a related account. Specifically, Personal Trading Account includes: (i) trusts for which an Employee or Access Person acts as trustee, executor, Client/Fund custodian or discretionary manager; (ii) accounts for the benefit of the Employee or Access Person’s spouse or minor child; (iii) accounts for the benefit of a relative living with the Employee or Access Person; and (iv) accounts for the benefit of any person to whom the Employee or Access Person provides material financial support.