MAINTENANCE OF NET CAPITAL. BROKER/DEALER shall have the full responsibility for maintenance of appropriate net capital and for limiting aggregate indebtedness as may be required under the provisions of the Exchange Act, and regulations thereunder, or by NASD rules.
Appears in 2 contracts
Samples: Broker/Dealer Agreement (Variable Account I of Aig Life Ins Co), Broker/Dealer Agreement (Variable Account a American Intl Life Assur Co of New York)
MAINTENANCE OF NET CAPITAL. BROKER/DEALER shall have the full authority and responsibility for maintenance of appropriate net capital and for limiting aggregate indebtedness as may be required under the applicable provisions of the Exchange β34 Act, and any regulations thereunder, or by NASD rulesthe rules of FINRA.
Appears in 2 contracts
Samples: Broker Dealer Agreement (Allianz Life of Ny Variable Account C), Broker Dealer Agreement (Allianz Life Variable Account B)
