SECURITIES PROFESSIONALS Clause Samples
The 'Securities Professionals' clause defines the qualifications, roles, or requirements for individuals or entities involved in handling, advising on, or transacting securities within the context of the agreement. It typically specifies that only licensed or registered professionals, such as brokers, dealers, or investment advisers, may participate in certain activities related to the offering or sale of securities. This ensures that all securities-related actions are conducted by individuals who meet regulatory standards, thereby protecting parties from unqualified advice or improper transactions and ensuring compliance with applicable securities laws.
SECURITIES PROFESSIONALS. FURNISHING DATA TO CUSTOMERS AND BRANCH OFFICES
(a) SCOPE-This Paragraph 14 applies if Subscriber is a securities professional, such as a registered broker-dealer or investment adviser, and is an exception to Paragraphs 5(a), 5(b) and 5(c).
(b) LIMITED PROVISION OF DATA-Solely in the regular course of its securities business, Subscriber may occasionally furnish limited amounts of Market Data to its customers and clients and to its branch offices. Subscriber may so furnish Market Data to its customers and clients who are not on Subscriber’s premises solely (i) in written advertisements, educational material, sales literature or similar written communications. or (ii) during telephonic voice communication not entailing the use of computerized voice synthesization or similar technology. Subscriber may so furnish Market Data to its branch offices solely (i) as provided in the preceding sentence, or (ii) through manual entry of the data over its teletype network. Subscriber shall not permit any customer or client to take physical possession of Subscriber Equipment. Subscriber shall abide by any additional limitations that NYSE specifies in writing.
SECURITIES PROFESSIONALS. FURNISHING DATA TO CUSTOMERS AND BRANCH OFFICES (a) SCOPE - This Paragraph 14 applies if Subscriber is a securities professional, such as a registered broker-dealer or investment adviser, and is an exception to Paragraphs 5(a), 5(b) and 5(c).