Common use of Final Orders from Specified State or Federal Regulators Clause in Contracts

Final Orders from Specified State or Federal Regulators. You are not subject to a final order of a state securities commission (or an agency of officer of a state performing similar functions); a state authority that supervises or examines banks, savings associations, or credit unions; a state insurance commission (or an agency or officer of a state performing similar functions); an appropriate federal banking agency; the Commodity Futures Trading Commission; or the National Credit Union Administration that: • at the time of the sale of the securities, bars Entity from: • association with an entity regulated by such commission, authority, agency or officer; • engaging in the business of securities, insurance or banking; or • engaging in savings association or credit union activities; or • constitutes a final order based on a violation of any law or regulation that prohibits fraudulent, manipulative, or deceptive conduct entered within ten years before the sale of the securities.

Final Orders from Specified State or Federal Regulators. You are not subject to a final order of a state securities commission (or an agency of officer of a state performing similar functions); a state authority that supervises or examines banks, savings associations, or credit unions; a state insurance commission (or an agency or officer of a state performing similar functions); an appropriate federal banking agency; the Commodity Futures Trading Commission; or the National Credit Union Administration that: • at the time of the sale of the securities, bars Entity you from: • association with an entity regulated by such commission, authority, agency or officer; • engaging in the business of securities, insurance or banking; or • engaging in savings association or credit union activities; or • constitutes a final order based on a violation of any law or regulation that prohibits fraudulent, manipulative, or deceptive conduct entered within ten years before the sale of the securities.