Common use of Market Timing Policies and Procedures Clause in Contracts

Market Timing Policies and Procedures. In order to assist the GE Fund Products with their compliance with their policies and procedures related to market timing activity, PFPC shall, in accordance with the procedures established from time to time by the GE Fund Products and PFPC, provide the following services: (i) Produce and review on a daily basis, a short term trader reports generated from the PFPC System; (ii) Based on the criteria provided by the GE Fund Products, report to the GE Fund Products on a daily basis any findings of potential market timing activity appearing on the short term trader report; and (iii) Upon Written Instruction from the GE Fund Products, take such action as the GE Fund Products so instruct against any shareholder and/or broker determined by the GE Fund Products to have been engaging in market timing activity.

Appears in 6 contracts

Samples: Transfer Agency Services Agreement, Transfer Agency Services Agreement (Elfun Global Fund), Transfer Agency Services Agreement (Ge Investment Funds Inc)

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