Distribution Activities. All distribution activities engaged in by Distributor and its Representatives with respect to the Contracts shall be in compliance with all applicable federal and state securities laws and regulations, with NASD Rules, as well as with all applicable insurance laws and regulations, including any laws and regulations related to suitability, any other applicable federal or state law, rule, or regulation, and any of the policies and procedures that NW may issue from time to time. In particular, without limiting the generality of the foregoing: (1) Distributor shall train, supervise and be solely responsible for the conduct of Representatives with regard to their distribution activities, and shall supervise their compliance with applicable laws, rules and regulations of any insurance or securities regulatory agencies or self-regulatory organizations that have jurisdiction over variable insurance product activities. (2) NW shall be responsible for providing training to Representatives regarding the-product features and benefits of all Contracts offered through NW. (3) Neither Distributor nor any Representative shall offer, attempt to offer, or solicit Applications for, the Contracts, in any state or other jurisdiction unless NW has notified Distributor that such Contracts may lawfully be sold or offered for sale in such state, and has not subsequently revised such notice. (4) Neither Distributor nor any Representative shall give any information or make any representation with respect to a class of Contracts in connection with the offer or sale of such class of Contracts that is not in accordance with the Prospectus and the statement of additional information for such class of Contracts, or in the then-currently effective prospectus or statement of additional information for a Fund, or in current advertising materials for such class of Contracts authorized by NW. (5) Distributor and all Representatives agree to distribute and sell Contracts in accordance with the market timing and frequent trading policies of the Variable Accounts as stated in the then-currently effective Prospectus and statement of additional information for Contracts.
Appears in 23 contracts
Samples: Distribution Agreement (Nationwide Provident Vli Separate Account A), Distribution Agreement (Nationwide Provident Vli Separate Account 1), Distribution Agreement (Nationwide Provident Va Separate Account 1)
Distribution Activities. All distribution activities engaged in by Distributor and its Representatives with respect to the Contracts shall be in compliance with all applicable federal and state securities laws and regulations, with NASD Rules, as well as with all applicable insurance laws and regulations, including any laws and regulations related to suitability, any other applicable federal or state law, rule, or regulation, and any of the policies and procedures that NW may issue from time to time. In particular, without limiting the generality of the foregoing:
(1) Distributor shall train, supervise and be solely responsible for the conduct of Representatives with regard to their distribution activities, and shall supervise their compliance with applicable laws, rules and regulations of any insurance or securities regulatory agencies or self-regulatory organizations that have jurisdiction over variable insurance product activities.
(2) NW shall be responsible for providing training to Representatives regarding the-the product features and benefits of all Contracts offered through NW.
(3) Neither Distributor nor any Representative shall offer, attempt to offer, or solicit Applications for, the Contracts, in any state or other jurisdiction unless NW has notified Distributor that such Contracts may lawfully be sold or offered for sale in such state, and has not subsequently revised such notice.
(4) Neither Distributor nor any Representative shall give any information or make any representation with respect to a class of Contracts in connection with the offer or sale of such class of Contracts that is not in accordance with the Prospectus and the statement of additional information for such class of Contracts, or in the then-currently effective prospectus or statement of additional information for a Fund, or in current advertising materials for such class of Contracts authorized by NW.
(5) Distributor and all Representatives agree to distribute and sell Contracts in accordance with the market timing and frequent trading policies of the Variable Accounts as stated in the then-currently effective Prospectus and statement of additional information for Contracts.
Appears in 14 contracts
Samples: Distribution Agreement (Nationwide Provident Vli Separate Account 1), Distribution Agreement (Nationwide Provident Vli Separate Account 1), Distribution Agreement (Nationwide Provident Vli Separate Account A)
Distribution Activities. All distribution activities engaged in by Distributor and its Representatives with respect to the Contracts shall be in compliance with all applicable federal and state securities laws and regulations, with NASD FINRA Rules, as well as with all applicable insurance laws and regulations, including included any laws and regulations related to suitability, any other applicable federal or state law, rule, or regulation, and any of the policies and procedures that NW JNLIC-NY may issue from time to time. In particular, without limiting the generality of the foregoing:
(1) Distributor shall train, supervise and be solely responsible for the conduct of Representatives with regard to their distribution activities, and shall supervise their compliance with applicable laws, rules and regulations of any insurance or securities regulatory agencies or self-regulatory organizations that have jurisdiction over variable insurance product activities.
(2) NW JNLIC-NY shall be responsible for providing training to Representatives regarding the-the product features and benefits of all Contracts offered through NWJNLIC-NY.
(3) Neither Distributor nor any Representative shall offer, attempt to offer, or solicit Applications for, the Contracts, in any state or other jurisdiction unless NW JNLIC-NY has notified Distributor that such Contracts may lawfully be sold or offered for sale in such state, and has not subsequently revised such notice.
(4) Neither Distributor nor any Representative shall give any information or make any representation with respect to a class of Contracts in connection with the offer or sale of such class of Contracts that is not in accordance with the Prospectus and the statement Statement of additional information Additional Information for such class of Contracts, or in the then-currently effective prospectus or statement Statement of additional information Additional Information for a Fund, or in current advertising materials for such class of Contracts authorized by NWJNLIC-NY.
(5) Distributor and all Representatives agree to distribute and sell Contracts in accordance with the market timing and frequent trading policies of the Variable Accounts as stated in the then-currently effective Prospectus and statement Statement of additional information Additional Information for Contracts.
(6) The performance of distribution services by Distributor for JNLIC-NY pursuant to this Agreement shall in no way impair the absolute control of the business and operation of Distributor or JNLIC-NY by their respective Board of Directors. Distributor shall act hereunder so as to assure the separate operating identity of JNLIC-NY. The business and operations of JNLIC-NY shall at all times be subject to the direction and control of the Board of Directors of JNLIC-NY.
Appears in 1 contract
Samples: Distribution Agreement (Jefferson National Life of New York Annuity Account 1)
Distribution Activities. All distribution activities engaged in by Distributor and its Representatives with respect to the Contracts shall be in compliance with all applicable federal and state securities laws and regulations, with NASD FINRA Rules, as well as with all applicable insurance laws and regulations, including included any laws and regulations related to suitability, any other applicable federal or state law, rule, or regulation, and any of the policies and procedures that NW Life Company may issue from time to time. In particular, without limiting the generality of the foregoing:
(1) Distributor shall train, supervise and be solely responsible for the conduct of Representatives with regard to their distribution activities, and shall supervise their compliance with applicable laws, rules and regulations of any insurance or securities regulatory agencies or self-regulatory organizations that have jurisdiction over variable insurance product activities.
(2) NW Life Company shall be responsible for providing training to Representatives regarding the-the product features and benefits of all Contracts offered through NWthe Life Company.
(3) Neither Distributor nor any Representative shall offer, attempt to offer, or solicit Applications for, the Contracts, in any state or other jurisdiction unless NW has the Life Company have notified Distributor that such Contracts may lawfully be sold or offered for sale in such state, and has not subsequently revised such notice.
(4) Neither Distributor nor any Representative shall give any information or make any representation with respect to a class of Contracts in connection with the offer or sale of such class of Contracts that is not in accordance with the Prospectus and the statement Statement of additional information Additional Information for such class of Contracts, or in the then-currently effective prospectus or statement Statement of additional information Additional Information for a Fund, or in current advertising materials for such class of Contracts authorized by NWthe Life Company.
(5) Distributor and all Representatives agree to distribute and sell Contracts in accordance with the market timing and frequent trading policies of the Variable Accounts as stated in the then-currently effective Prospectus and statement Statement of additional information Additional Information for Contracts.
(6) Life Company shall (i) maintain oversight for distribution services provided to the Life Company by the Distributor; and (ii) monitor distribution services annually for quality assurance.
Appears in 1 contract
Samples: Distribution Agreement (Jefferson National Life Annuity Account G)