RESPONSIBILITY FOR SECURITIES ACTIVITIES. BROKER/DEALER shall assume full responsibility for the securities activities of all persons engaged directly or indirectly in the variable contract operations of INSURANCE COMPANY, including but not limited to training, supervision and control as contemplated under appropriate provisions of the Exchange Act, any regulations thereunder, or by the rules of the NASD. The the extent necessary and appropriate, those persons directly or indirectly involved in such variable contract operations shall be registered representatives or registered principals of BROKER/DEALER as appropriate to their activities.
Appears in 2 contracts
Samples: Dealer Agreement (Variable Account I of Aig Life Ins Co), Dealer Agreement (Variable Account a American Intl Life Assur Co of New York)
RESPONSIBILITY FOR SECURITIES ACTIVITIES. BROKER/DEALER shall assume full responsibility for the securities activities of all persons engaged directly or indirectly in the variable contract Registered Contract operations of INSURANCE COMPANY, including but not limited to training, supervision and control as contemplated under appropriate applicable provisions of the Exchange β34 Act, any regulations thereunder, or by the rules of the NASDFINRA. The To the extent necessary and appropriate, those persons directly or indirectly involved in such variable contract Registered Contract operations shall be registered representatives or registered principals of BROKER/DEALER as appropriate to their activities.
Appears in 2 contracts
Samples: Broker Dealer Agreement (Allianz Life of Ny Variable Account C), Broker Dealer Agreement (Allianz Life Variable Account B)
