Examples of Third Party Manager in a sentence
The Compliance Department reserves the right to request confirmations and statements on such Third Party Manager Account.
This restriction also applies to transactions in IPOs in an account where the Covered Person has granted full discretionary authority to an Approved Third Party Manager.
In so doing, SCOTUS observed that "A land boundary between two states is an easily understood concept ...
Covered Persons are not required to report holdings in any account over which the Covered Person has no direct or indirect influence or control, other than the right to terminate the account (i.e., Approved Third Party Manager Accounts).
A Third Party Manager exercises discretion over the trading and direction of the Supervised Person and/or his or her Immediate Family and can be a private wealth manager or a trustee.