Disclosures of Conflicts of Interest. The Rule requires that Xxxxx Xxxxxxx provide to you disclosures relating to any actual or potential material conflicts of interest, including certain categories of potential conflicts of interest identified in the Rule, if applicable. If no such material conflicts of interest are known to exist based on the exercise of reasonable diligence by us, Xxxxx Xxxxxxx is required to provide a written statement to that effect. Accordingly, we make the following disclosures with respect to material conflicts of interest in connection with the Scope of Services under the Agreement, together with explanations of how we address or intend to manage or mitigate each conflict. To that end, with respect to all of the conflicts disclosed below, we mitigate such conflicts through our adherence to our fiduciary duty to you in connection with municipal advisory activities, which includes a duty of loyalty to you in performing all municipal advisory activities for the Client. This duty of loyalty obligates us to deal honestly and with the utmost good faith with you and to act in your best interests without regard to our financial or other interests. In addition, as a broker dealer with a client oriented business, our success and profitability over time is based on assuring the foundations exist of integrity and quality of service. Furthermore, Xxxxx Xxxxxxx’x supervisory structure, utilizing our long-standing and comprehensive broker-dealer supervisory processes and practices, provides strong safeguards against individual representatives of Xxxxx Xxxxxxx potentially departing from their regulatory duties due to personal interests. The disclosures below describe, as applicable, any additional mitigations that may be relevant with respect to any specific conflict disclosed below.
Disclosures of Conflicts of Interest. MSRB Rule G-42 requires that municipal advisors provide to their clients disclosures relating to any actual or potential material conflicts of interest, including certain categories of potential conflicts of interest identified in Rule G-42, if applicable.
Disclosures of Conflicts of Interest. MSRB Rule G-42 requires that municipal advisors provide to their clients disclosures relating to any actual or potential material conflicts of interest, including certain categories of potential conflicts of interest identified in Rule G-42, if applicable. If no such material conflicts of interest are known to exist based on the exercise of reasonable diligence by the municipal advisor, municipal advisors are required to provide a written statement to that effect. WDC 373264370v6 Accordingly, Xxxxxxx Xxxxx makes the following disclosures with respect to material conflicts of interest in connection with the Scope of Services under this Agreement, together with explanations of how Xxxxxxx Xxxxx addresses or intends to manage or mitigate each conflict. To that end, with respect to all of the conflicts disclosed below, Xxxxxxx Xxxxx mitigates such conflicts through its adherence to its fiduciary duty to the Client, which includes a duty of loyalty to the Client in performing all municipal advisory activities for the Client. This duty of loyalty obligates Xxxxxxx Xxxxx to deal honestly and with the utmost good faith with the Client and to act in the Client’s best interests without regard to Xxxxxxx Xxxxx’x financial or other interests. In addition,] because Xxxxxxx Xxxxx is a broker-dealer with significant capital due to the nature of its overall business, the success and profitability of Xxxxxxx Xxxxx is not dependent on maximizing short-term revenue generated from individualized recommendations to its clients but instead is dependent on long-term profitably built on a foundation of integrity and quality of service. Furthermore, Xxxxxxx Xxxxx’x municipal advisory supervisory structure, leveraging our long-standing and comprehensive broker-dealer supervisory processes and practices, provides strong safeguards against individual representatives of Xxxxxxx Xxxxx potentially departing from their regulatory duties due to personal interests. The disclosures below describe, as applicable, any additional mitigations that may be relevant with respect to any specific conflict disclosed below.
Disclosures of Conflicts of Interest. KCA makes the following disclosures with respect to material conflicts of interest in connection with the Scope of Services under its Agreement with the School, together with explanations of how KCA addresses or intends to manage or mitigate each conflict. To that end, with respect to all of the conflicts disclosed below, KCA mitigates such conflicts through its adherence to its fiduciary duty to the School, which includes a duty of loyalty to the School in performing all municipal advisory activities for the School. This duty of loyalty obligates KCA to deal honestly and with the utmost good faith with the School and to act in the School’s best interests without regard to KCA’s financial or other interests. The disclosures below describe, as applicable, any additional mitigations that may be relevant with respect to any specific conflict disclosed below.
