Monitoring Procedures. A. The Company has adopted policies concerning the frequent trading of its shares. For the purpose of implementing Rule 22c-2, the Company has adopted criteria designed to detect frequent trading activity (“Monitoring Procedures”) and has communicated such criteria to UMBFS. B. The Company hereby instructs and directs UMBFS to implement the Monitoring Procedures on its behalf, as such may be amended or revised from time to time.
Appears in 4 contracts
Samples: Transfer Agency Agreement (Fpa Paramount Fund Inc), Transfer Agency Agreement (Fpa New Income Inc), Transfer Agency Agreement (Fpa Capital Fund Inc)
Monitoring Procedures. A. i. The Company has previously adopted policies concerning the frequent trading of its shares. For the purpose of implementing Rule 22c-2, the Company has adopted criteria designed to detect frequent trading activity (“Monitoring Procedures”) in each separate series offered by the Company representing interests in a separate portfolio (“Fund” or “Funds”) and has communicated such criteria to UMBFS.
B. ii. The Company hereby instructs and directs UMBFS to implement the Monitoring Procedures on its behalf, as such may be amended or revised from time to time.. ________________________
Appears in 1 contract
Samples: Transfer Agency Agreement (Lifetime Achievement Fund Inc)
