Examples of Preclearance Officer in a sentence
In some cases, a Preclearance Officer may refuse to authorize a securities transaction for a reason that is confidential.
Investment Persons must obtain approval from the Preclearance Officer or preclearance delegatee prior to entering into any securities transaction (with the exception of exempted securities listed below and shares of Reportable Funds) in any account.
No order for a securities transaction for which preclearance authorization is required may be placed prior to the receipt of approval from a Preclearance Officer through the Schwab Compliance Technologies System..
Any purchase or sale of limited offerings and “private placement” securities (including all private equity partnerships, hedge funds, limited partnership or venture capital funds) by any Access or Supervised Person must be precleared with an SIMG Preclearance Officer prior to the transaction.
Any other transaction deemed by the Preclearance Officer to involve a conflict of interest, possible diversions of corporate opportunity, or an appearance of impropriety.