Lack of Regulation Sample Clauses

Lack of Regulation. At the current time, no banking or international authority regulates derivative options or the international market. In addition, trades occur in foreign markets in which there may be governmental or no governmental regulation of the trading. Both CAMBRIDGE INT and its’ employees are not registered as a broker-dealer with any government agency nor have the options been registered with its’ local authorities. However, CAMBRIDGE INT purchases derivative option contracts through third party brokerage entities, which are registered entities and have governmental regulation. CAMBRIDGE INT is of a view that ultimate CLIENT profitability depends on fluctuations in world commodity prices and the options markets, but not on the efforts of CAMBRIDGE INT and that each CLIENT individually owns the options contract(s) thereby removing these vehicles from the definition of securities. CLIENTS are subject to the risks that CAMBRIDGE INT business is not regulated by any regulatory agency and thus, do not enjoy those protections which are inherent in a regulated business. Moreover, CAMBRIDGE INT could become the subject of adverse regulatory actions or determinations by one or more governmental agencies or courts. At any given time, officers, managers or agents of the company may have had previous regulatory sanctions by governmental agencies. Neither, the company or its officers, managers, or account advisors are securities licensed with any governmental agency. Finally, there is a risk that a government agency could assume regulatory authority over CAMBRIDGE INT or the derivative options that CAMBRIDGE INT trades and that CAMBRIDGE INT could not comply with the resulting regulatory scheme and would have to cease doing business.
Sample 1
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Lack of Regulation. The lack of regulatory status gives rise to insecurity about responsibilities in a blockchain-based system [29] [36]. All eight experts argue that lack of regulation is an impediment to blockchain adoption.
Sample 1

Related to Lack of Regulation

  • Governmental Regulation Anything contained in this Agreement to the contrary notwithstanding, no Lender shall be obligated to extend credit to the Borrower in violation of any limitation or prohibition provided by any applicable statute or regulation.

  • Compliance with Federal Regulations (1) Any contract entered pursuant to this solicitation shall contain the following provisions: All USDOT-required contractual provisions, as set forth in FTA Circular 4220.1F, are incorporated by reference. Anything to the contrary herein notwithstanding, FTA mandated terms shall control in the event of a conflict with other provisions contained in this Agreement. Contractor shall not perform any act, fail to perform any act, or refuse to comply with any grantee request that would cause the recipient to be in violation of FTA terms and conditions. Contractor shall comply with all applicable FTA regulations, policies, procedures and directives, including, without limitation, those listed directly or incorporated by reference in the Master Agreement between the recipient and FTA, as may be amended or promulgated from time to time during the term of this contract. Contractor’s failure to so comply shall constitute a material breach of this contract.

  • Domestic Regulation 1. In sectors where specific commitments are undertaken, each Party shall ensure that all measures of general application affecting trade in services are administered in a reasonable, objective and impartial manner.

  • FCC Regulations The unstayed, effective regulations promulgated by the FCC, as amended from time to time.

  • General Regulations A. Excessively loud speakers and sound displays are not permitted, and BAC Productions shall have the right to reject any exhibit which does not, in its sole, and reasonable opinion, conform to the general tenor of the show.

  • COMPLIANCE WITH FEDERAL, STATE AND LOCAL REGULATIONS If required within the Authorized User Agreement, Contractor will provide verification of compliance with specific Federal, State and local regulations, laws and IT standards that the Authorized User is required to comply with. See Appendix F – Primary Security and Privacy Mandates. AUTHENTICATION TOKENS The Authorized User Agreement may require authentication tokens for all systems. For more details, please see NYS ITS Policy S14-006 Authentication Tokens Standard or successor. MODIFICATION TO CLOUD SERVICE DELIVERY TYPE AND DESCRIPTION WITHIN AN AUTHORIZED USER AGREEMENT As Cloud services can be flexible and dynamic, delivery mechanisms may be subject to change. This may result in changes to the service type, description, or SKU. The State and Authorized Users require notification of any such changes to ensure security and business needs are met. Any changes to the description, type of service(s), or SKU (e.g., PaaS to IaaS) must be provided to OGS via Appendix C - Contract Modification Procedure. In addition, notification must be provided to the Authorized User for review and acceptance, prior to implementation. Any changes to the Authorized User Agreement will require the Authorized User to re-assess the risk mitigation methodologies and strategies and revise the Authorized User Agreement as needed.

  • Increasing Seat Belt Use in the United States Pursuant to Executive Order 13043, 62 FR 19217 (Apr. 18, 1997), Recipient should encourage its contractors to adopt and enforce on-the- job seat belt policies and programs for their employees when operating company-owned, rented or personally owned vehicles.

  • Civil Rights Compliance The parties to this Agreement are responsible for the following:

  • Fire Regulations All Exhibitors must comply with the regulations of the local authority and applicable law as they relate to the design and construction of Exhibition stands, and the use of suitably fireproofed materials.

  • MEMBERSHIP REQUIREMENT 1. All employees covered by this Collective Agreement shall, as a condition of employment, become and remain members of the British Columbia Teachers’ Federation and the local(s) in the district(s) in which they are employed, subject to Article A.3.2.

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