Not a Registered Representative Clause Samples
The 'Not a Registered Representative' clause clarifies that a party to the agreement is not acting as a registered representative, broker, or dealer under applicable securities laws. This means the individual or entity is not authorized to offer investment advice, execute securities transactions, or perform other regulated activities typically reserved for licensed professionals. By including this clause, the agreement ensures that all parties understand the limitations of the roles involved, thereby reducing the risk of regulatory violations and clarifying that no party should expect services that require securities registration.
Not a Registered Representative. The Subscriber agrees, acknowledges and understands that if it is a Registered Representative of a FINRA member firm, he or she must give such firm the notice required by FINRA’s Rules of Fair Practice, receipt of which must be acknowledged by such firm in the Selling Securityholder Questionnaire attached as Exhibit C.
Not a Registered Representative. The Subscriber agrees, acknowledges and understands that if it is a Registered Representative of a NASD member firm, he or she must give such firm the notice required by the NASD’s Rules of Fair Practice, receipt of which must be acknowledged by such firm in the Confidential Investor Questionnaire attached hereto as Exhibit A.
Not a Registered Representative. The Holder agrees, acknowledges and understands that if it is a Registered Representative of a FINRA member firm, he or she must give such firm the notice required by FINRA’s Rules of Fair Practice, receipt of which must be acknowledged by such firm.