Structured Product Concessions. In the case of new issues of structured products, LPL receives compensation, generally referred to as a concession or placement fee, up to 0.625% of the transaction amount.
Appears in 4 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
Structured Product Concessions. In the case of new issues of structured products, LPL receives compensation, compensation generally referred to as a concession or placement fee, up fee equal to 0.6250.25% of the transaction amount. LPL also receives compensation up to .625% from issuers of structured products based upon assets invested in the issuer’s structured products and the duration of the products.
Appears in 3 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
