{"component": "definition", "props": {"groups": [{"snippet": "means the purchase or sale of a Security across the majority of existing Client Accounts managed in a particular investment style. A Trading Program does not include purchases or sales of Securities for new Client Accounts or as a result of additions to, or withdrawals from, one or more Client Accounts.", "snippet_links": [{"key": "purchase-or-sale-of-a-security", "type": "definition", "offset": [10, 40]}, {"key": "the-majority", "type": "clause", "offset": [48, 60]}, {"key": "client-accounts", "type": "clause", "offset": [73, 88]}, {"key": "sales-of-securities", "type": "clause", "offset": [179, 198]}, {"key": "new-client", "type": "definition", "offset": [203, 213]}], "size": 15, "samples": [{"hash": "exuuSPW0R1G", "uri": "https://www.sec.gov/Archives/edgar/data/792359/000119312510272323/dex99p6.htm", "label": "Code of Ethics (Virtus Variable Insurance Trust)", "score": 9.9144421629, "published": false}, {"hash": "b7BNULBLBbY", "uri": "https://www.sec.gov/Archives/edgar/data/34273/000119312507268051/dex99p9.htm", "label": "Code of Ethics (Phoenix Equity Trust)", "score": 9.0, "published": false}, {"hash": "aohttV25cbO", "uri": "https://www.sec.gov/Archives/edgar/data/1167801/000095013307001915/w28673bexv99w23wpw22.txt", "label": "Acknowledgement of Amendment (Mlig Variable Insurance Trust)", "score": 6.0, "published": false}], "hash": "439276281f7f2a1708a6f9898af6a380", "id": 1}, {"snippet": "means the implementation over a period of time of an investment decision to buy or sell securities of a particular company on behalf of one or more clients. The duration of a Trading Program may be shorter (one day or part of a day) or longer (days, weeks) depending upon market conditions such as price or liquidity. RSMC also undertakes \"Partial Trading Programs,\" which means that it may implement a program of buy or sell a partial position of securities in a particular company on behalf of a group of clients pending a later possible determination by RSMC to buy or sell a full position.", "snippet_links": [{"key": "period-of-time", "type": "clause", "offset": [32, 46]}, {"key": "investment-decision", "type": "definition", "offset": [53, 72]}, {"key": "sell-securities", "type": "clause", "offset": [83, 98]}, {"key": "on-behalf-of", "type": "clause", "offset": [123, 135]}, {"key": "duration-of", "type": "clause", "offset": [161, 172]}, {"key": "a-day", "type": "definition", "offset": [226, 231]}, {"key": "market-conditions", "type": "clause", "offset": [272, 289]}, {"key": "as-price", "type": "definition", "offset": [295, 303]}, {"key": "of-securities", "type": "clause", "offset": [445, 458]}, {"key": "of-clients", "type": "clause", "offset": [504, 514]}], "size": 12, "samples": [{"hash": "jAe3MU87MGX", "uri": "https://www.sec.gov/Archives/edgar/data/927413/000113542811000618/ex-pvb.txt", "label": "Code of Ethics (Wt Mutual Fund)", "score": 7.8206707734, "published": false}, {"hash": "5RjAhGLg1El", "uri": "https://www.sec.gov/Archives/edgar/data/927413/000113542811000618/ex-pva.txt", "label": "Code of Ethics (Wt Mutual Fund)", "score": 7.8206707734, "published": false}, {"hash": "3hJbrHdbLv0", "uri": "https://www.sec.gov/Archives/edgar/data/927413/000113542810000334/ex-pvb.txt", "label": "Code of Ethics (Wt Mutual Fund)", "score": 6.6598220397, "published": false}], "hash": "ce2574f898abfbcf442929aeaf87d69d", "id": 2}, {"snippet": "means the purchase or sale of a security across the majority of existing Client Accounts managed in a particular investment style. In addition, Institutional Accounts, Private Client Group Accounts and Wrap Accounts shall each be considered a different investment style for the purpose of defining a \u201cTrading Program.\u201d A Trading Program does include purchases or sales of securities for new Client Accounts or as a result of additions to, or withdrawals from, one or more Client Accounts.", "snippet_links": [{"key": "purchase-or-sale-of-a-security", "type": "definition", "offset": [10, 40]}, {"key": "the-majority", "type": "clause", "offset": [48, 60]}, {"key": "client-accounts", "type": "clause", "offset": [73, 88]}, {"key": "in-addition", "type": "clause", "offset": [131, 142]}, {"key": "group-accounts", "type": "definition", "offset": [183, 197]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [270, 288]}, {"key": "sales-of-securities", "type": "clause", "offset": [363, 382]}, {"key": "new-client", "type": "definition", "offset": [387, 397]}], "size": 4, "samples": [{"hash": "iX5kYHjKx5", "uri": "https://www.sec.gov/Archives/edgar/data/1359057/000110465911058790/a11-27471_1ex99db28p3.htm", "label": "Code of Ethics (Roxbury Funds)", "score": 6.8206707734, "published": false}, {"hash": "fVojElz2uDS", "uri": "https://www.sec.gov/Archives/edgar/data/1359057/000110465911046982/a11-24207_1ex99db28p2.htm", "label": "Code of Ethics (Roxbury Funds)", "score": 6.6180698152, "published": false}], "hash": "8f3ab67e5fce6d9d01476eb4236d6970", "id": 3}, {"snippet": "means the system operated by the Manager to facilitate trade amongst the Members.", "snippet_links": [{"key": "the-system", "type": "clause", "offset": [6, 16]}, {"key": "by-the-manager", "type": "clause", "offset": [26, 40]}, {"key": "the-members", "type": "clause", "offset": [69, 80]}], "size": 3, "samples": [{"hash": "bzowRhxJNmD", "uri": "https://bbxuk.com/wp-content/uploads/documents/BBX-rules.pdf", "label": "bbxuk.com", "score": 8.9657768652, "published": false}, {"hash": "bA3XYnnBLV0", "uri": "https://www.bbxuk.com/wp-content/uploads/documents/BBX-rules.pdf", "label": "www.bbxuk.com", "score": 8.537303217, "published": false}, {"hash": "iQASJNxxq6R", "uri": "http://www.bbxireland.com/wp-content/uploads/documents/BBX-rules.pdf", "label": "www.bbxireland.com", "score": 5.3134839151, "published": false}], "hash": "2575f6fc13b429635a7c1d95b7a1e3b5", "id": 4}, {"snippet": "means any program, service, course, instruction, system, training, manual, computer software, or other materials involving the purchase or sale of stocks, mutual funds, currencies, commodity futures, options, or other financial instruments or investments.", "snippet_links": [{"key": "computer-software", "type": "definition", "offset": [75, 92]}, {"key": "other-materials", "type": "definition", "offset": [97, 112]}, {"key": "sale-of", "type": "clause", "offset": [139, 146]}, {"key": "mutual-funds", "type": "clause", "offset": [155, 167]}, {"key": "commodity-futures", "type": "definition", "offset": [181, 198]}, {"key": "other-financial-instruments", "type": "definition", "offset": [212, 239]}], "size": 3, "samples": [{"hash": "iGAqvb1tzEF", "uri": "https://www.truthinadvertising.org/wp-content/uploads/2014/03/Indigo-decision-and-order.pdf", "label": "www.truthinadvertising.org", "score": 3.0, "published": false}], "hash": "708df59b10c2b5e8bdb95bab5c0a6569", "id": 5}, {"snippet": "means the program administered by the Authority for phosphorus trading in the Chatfield Watershed.", "snippet_links": [{"key": "the-program", "type": "clause", "offset": [6, 17]}, {"key": "by-the-authority", "type": "clause", "offset": [31, 47]}], "size": 2, "samples": [{"hash": "9kwSThbze3G", "uri": "https://www.colorado.gov/pacific/sites/default/files/73_2009%2803%29header.pdf", "label": "www.colorado.gov", "score": 6.1279945243, "published": false}, {"hash": "joJQvjZZ446", "uri": "http://chatfieldwatershedauthority.org/wp-content/uploads/2013/05/Regulation-73.pdf", "label": "chatfieldwatershedauthority.org", "score": 3.0, "published": false}], "hash": "2139de74036b4e41e0efe75c8e31b3f4", "id": 6}, {"snippet": "means the program managed by the Association and Division for phosphorus trading in the Bear Creek Watershed.", "snippet_links": [{"key": "the-program", "type": "clause", "offset": [6, 17]}, {"key": "by-the-association", "type": "clause", "offset": [26, 44]}, {"key": "bear-creek", "type": "definition", "offset": [88, 98]}], "size": 2, "samples": [{"hash": "3MNVCZTYFwH", "uri": "https://www.colorado.gov/pacific/sites/default/files/74_2005(05)header.pdf", "label": "www.colorado.gov", "score": 8.1704312115, "published": false}, {"hash": "emmNR1rj4T5", "uri": "http://chatfieldwatershedauthority.org/wp-content/uploads/2013/05/Regulation-74.pdf", "label": "chatfieldwatershedauthority.org", "score": 3.0, "published": false}], "hash": "ba27f0f0f1cde7387e5d56faedc99a28", "id": 7}, {"snippet": "(each of the foregoing as defined in Section 4.10 of the Commodity Regulations) and 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Notwithstanding the foregoing the Manager may make non-material changes to such information to conform the format of such information to the format of the Memorandum and/or to comply with Commodity Regulations without prior approval of the Trading Advisor.", "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [26, 44]}, {"key": "the-securities-act", "type": "clause", "offset": [112, 130]}, {"key": "the-manager", "type": "clause", "offset": [138, 149]}, {"key": "reasonably-believes", "type": "definition", "offset": [150, 169]}, {"key": "the-memorandum", "type": "clause", "offset": [213, 227]}, {"key": "the-1934-act", "type": "definition", "offset": [267, 279]}, {"key": "disclosure-of", "type": "clause", "offset": [307, 320]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [385, 414]}, {"key": "manager-may", "type": "definition", "offset": [419, 430]}, {"key": "changes-to", "type": "clause", "offset": [449, 459]}, {"key": "such-information", "type": "definition", "offset": [460, 476]}, {"key": "format-of-the", "type": "clause", "offset": [526, 539]}, {"key": "comply-with", "type": "definition", "offset": [561, 572]}, {"key": "approval-of", "type": "definition", "offset": [609, 620]}, {"key": "the-trading-advisor", "type": "definition", "offset": [621, 640]}], "size": 1, "samples": [{"hash": "9vzOU4ZKCdS", "uri": "/contracts/9vzOU4ZKCdS#trading-program", "label": "Advisory Agreement (ML Winton FuturesAccess LLC)", "score": 24.1718001369, "published": true}], "hash": "59f2ed97611a95f65d10abceb079dc53", "id": 8}, {"snippet": "means an automatic investment plan that was established at a time when the person establishing the plan had no material non-public information regarding the Securities covered by the plan. For purposes of this Code, Trading Programs include, without limitation,", "snippet_links": [{"key": "automatic-investment-plan", "type": "clause", "offset": [9, 34]}, {"key": "the-plan", "type": "clause", "offset": [95, 103]}, {"key": "material-non", "type": "clause", "offset": [111, 123]}, {"key": "information-regarding", "type": "clause", "offset": [131, 152]}, {"key": "covered-by", "type": "definition", "offset": [168, 178]}, {"key": "this-code", "type": "definition", "offset": [205, 214]}, {"key": "without-limitation", "type": "clause", "offset": [242, 260]}], "size": 1, "samples": [{"hash": "i37z0ryGGIF", "uri": "https://www.sec.gov/Archives/edgar/data/1676235/000157104917005400/t1701583_ex-r2.htm", "label": "NorthStar/Townsend Institutional Real Estate Fund Inc.", "score": 9.3976728268, "published": false}], "hash": "b3e6fe85cdacf2dd8d57627771437b3d", "id": 9}, {"snippet": "means the purchase or sale of a Security across the majority of existing Client Accounts managed in a particular investment style. 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A Trading Program does not include purchases or sales of Securities for new Client Accounts or as a result of additions to, or withdrawals from, one or more Client Accounts.", "title": "Trading Program", "size": 45, "id": "trading-program", "examples": ["Changes in the futures interests traded, provided that such futures interests are listed on Exhibit C, shall not be deemed a modification of the <strong>Trading Program</strong>.", "The Trading Advisor shall give the Trading Manager prior written notice of any change in the <strong>Trading Program</strong> that the Trading Advisor considers to be material (and shall not effect such change on behalf of the Trading Company without the Trading Manager\u2019s consent), including any additional futures interests to be traded by the Trading Advisor not already listed on Exhibit C.", "The Trading Advisor shall give the Managing Owner prior written notice of any change in the <strong>Trading Program</strong> that the Trading Advisor considers to be material (and shall not effect such change on behalf of the Fund without the Managing Owner\u2019s consent), including any additional futures interests to be traded by the Trading Advisor not already listed on Exhibit C.", "The Trading Advisor shall trade its allocated portion of the Partnership&#x27;s Net Assets pursuant to the <strong>Trading Program</strong>.", "The expanded Ontario Public Service Job <strong>Trading Program</strong> for Regular Employees, as described in the Guide to the Ontario Public Service Job <strong>Trading Program</strong> dated July 2008 shall continue.", "The Trading Advisor will use its best efforts to implement a fair and consistent allocation policy that seeks to ensure that, giving due consideration to the <strong>Trading Program</strong> which the Trading Advisor will utilize in trading the Trading Company\u2019s Assets, all clients are treated equitably on an overall basis and positions allocated as nearly as possible in proportion to the assets available for trading of the accounts managed or controlled by the Trading Advisor.", "The Trading Advisor shall trade the Partnership&#x27;s Net Assets pursuant to the <strong>Trading Program</strong>.", "In performing services for the Partnership, the Trading Advisor may not materially alter or change the <strong>Trading Program</strong> without the prior written consent of the General Partner (and shall not effect such alteration or change on behalf of the Partnership without the General Partner&#x27;s consent), and it being understood that changes in the futures interests traded, provided that such futures interests are listed in Exhibit B hereto, shall not be deemed an alteration in the <strong>Trading Program</strong>.", "The Fund engages in speculative trading in the commodities markets under the direction of the Trading Advisor pursuant to its Leverage 3 <strong>Trading Program</strong> (the &quot;Trading Strategy&quot;).", "Changes in the futures interests traded, provided that such futures interests are listed on Exhibit C, shall not be deemed a material change of the <strong>Trading Program</strong>."], "related": [["marketing-program", "Marketing program", "Marketing program"], ["pebb-program", "PEBB program", "PEBB program"], ["training-program", "Training program", "Training program"], ["craf-program", "CRAF Program", "CRAF Program"], ["wosb-program-repository", "WOSB Program Repository", "WOSB Program Repository"]], "related_snippets": [], "updated": "2025-07-06T21:56:50+00:00"}, "json": true, "cursor": ""}}