SEF Activity definition

SEF Activity means business for which a Participant is subject to the BSEF Rules, which is purportedly conducted subject to the BSEF Rules, or which should have been conducted subject to the BSEF Rules including Permitted Transactions and Block Trades.
SEF Activity means business for which a Participant, Customer, Client or Sponsored Person is subject to the SEF Rules or which is purportedly conducted subject to the SEF Rules, including but not limited to the Execution of any Contract on the Platform.
SEF Activity means business for which a Participant, Customer, or Clearing Firm is subject to the Rules, which is purportedly conducted subject to the Rules, or which should have been conducted subject to the Rules.

Examples of SEF Activity in a sentence

Authorized Traders (a) Each Participant shall nominate or designate one or more Authorized Traders, who will conduct SEF Activity on behalf of the Participant.

Adherence to Law (a) No Participant, Account Manager, Customer, Authorized Trader or Supervised Person shall engage in conduct in violation of the BSEF Rules, the Act, CFTC Regulations, the Rules of any SEF, or the rules of any DCM, DCO or SRO that has jurisdiction over such Participant, Account Manager, Customer, Authorized Trader or Supervised Person or, with respect to SEF Activity, the laws, rules or regulations of any relevant Governmental Body.

Books and Records RULE 409.A. Participant and Clearing Member Books and Records (a) Each Participant, Clearing Member and market participant shall prepare and keep current all books, ledgers and other similar records relating to SEF Activity required to be kept by it pursuant to the Act, CFTC Regulations and these Rules and shall prepare and keep current such other books and records relating to SEF Activity and adopt such forms as BSEF may from time to time prescribe.

Upon request of BSEF, a Participant shall promptly provide to BSEF or its Regulatory Services Provider information about the Participant, its Customers, Accounts, Clearing Members and Authorized Traders as BSEF requests related to or in connection with SEF Activity.

Among other duties and responsibilities that BSEF may impose, an Authorized Trader must: (i) have the authority, at BSEF’s request, to adjust or withdraw any Order submitted under any Trader ID assigned to him or her; and (ii) ensure that any SEF Activity conducted under any Trader ID assigned to him or her complies with all BSEF Rules and Obligations.

Without limiting clause (h), and to the extent required by Applicable Law, maintain an audit trail in a form and manner as may be designated by the SEF from time to time of all SEF Activity by it, its Customers and its Authorized Traders and make such audit trail available to the SEF (or its Regulatory Service Provider) upon request.

The Market Regulation Department may require a Participant to furnish (periodically or on a particular occasion) information concerning the Participant’s SEF Activity.

Among other duties and responsibilities that BSEF may impose, an Authorized Trader must: have the authority, at BSEF’s request, to adjust or withdraw any Order submitted under any Trader ID assigned to him or her; and ensure that any SEF Activity conducted under any Trader ID assigned to him or her complies with all BSEF Rules and Obligations.

Fraudulent Acts No Participant, Account Manager, DMA Customer, Authorized Trader, Supervised Person or any market participant that directly or indirectly effects a transaction on the SEF operated by BSEF shall engage in any fraudulent act or engage in any scheme to defraud, deceive, trick or mislead in connection with or related to any SEF Activity.

The Market Regulation Department may examine (periodically or on a particular occasion) the books and records of any Participant or any Customer or Client of a Participant, or any Sponsored Person that relate to SEF Activity.


More Definitions of SEF Activity

SEF Activity means business for which a Participant is subject to the Tera Rules, which is purportedly conducted subject to the Tera Rules, or which should have been conducted subject to the Tera Rules.
SEF Activity means business for which a market participant is subject to the
SEF Activity means business for which a Participant, Clearing Member, Customer or Client is subject to the SEF Rules or which is purportedly conducted subject to the SEF Rules, including but not limited to the Execution of any Contract on the Trading System , including Permitted Transactions and Block Trades.

Related to SEF Activity

Head of the contracting activity means the Senior Pro- curement Executive (SPE); the Commissioners and Deputy Commissioners of the Federal Acquisition Service (FAS) and the Public Buildings Service (PBS); or their re-delegates. The Chief Administrative Services Officer serves as the HCA for the Internal Acquisition Division within the Office of Admin- istrative Services. These officials serve within the limits of their delegated authority. The HCA delegations may be found on GSA’s Acquisition Portal (https://insite.gsa.gov/portal/ content/638514).
Political activity means any activity in support of or in connection with any campaign for elective office or any political organization, but does not include activities (i) relating to the support or opposition of any executive, legislative, or administrative action, (ii) relating to collective bargaining, or (iii) that are otherwise in furtherance of the person's official duties.
Intrascholastic Activities means athletic or non-athletic/academic activities where students compete with students from within the same school.
School-Sponsored Activity means any activity conducted on or off school property (including school buses and other school-related vehicles) that is sponsored, recognized or authorized by the Board of Education.
Drug-related criminal activity means the illegal manufacture, sale, distribution, use, or possession with intent to manufacture, sell, distribute, or use of a controlled substance (as defined in Section 102 or the Controlled Substance Act [21 U.S.C. 802]).
Business activity means a transfer of legal or equitable title to or rental of property, whether real, personal, or mixed, tangible or intangible, or the performance of services, or a combination thereof, made or engaged in, or caused to be made or engaged in, whether in intrastate, interstate, or foreign commerce, with the object of gain, benefit, or advantage, whether direct or indirect, to the taxpayer or to others, but does not include the services rendered by an employee to his or her employer or services as a director of a corporation. Although an activity of a taxpayer may be incidental to another or to others of his or her business activities, each activity shall be considered to be business engaged in within the meaning of this part.
Commercial activity means any particular transaction, act or conduct or any regular course of conduct that is of a commercial character, including the selling, bartering or leasing of donor, membership or other fundraising lists.