Trading Authority. Subject to applicable investment guidelines, Sub-Adviser has been given full discretion over the trading of swap transactions for the Portfolio or Segment. Such discretion includes, among other things, the authority to open trading accounts with swap dealers and provide relevant “know your customer” and related information to the swap dealer, and to receive on the Portfolio’s behalf the disclosures and other information a swap dealer is required to provide to its counterparties under CFTC and SEC rules governing swap transactions, including the form and method of delivery of such disclosures and information. With respect to any swap executed by the Sub-Adviser on the Portfolio’s behalf, Portfolio will be relying on Sub-Adviser’s advice and not on the recommendations (if any) of a swap dealer.
Appears in 2 contracts
Samples: Sub Advisory Agreement (Pace Select Advisors Trust), Sub Advisory Agreement (Pace Select Advisors Trust)
Trading Authority. Subject to applicable investment guidelines, Sub-Adviser has been given full discretion over the trading of swap transactions for the Portfolio or Segmentits account. Such discretion includes, among other things, the authority to open trading accounts with swap dealers and provide relevant “know your customer” and related information to the swap dealer, and to receive on the PortfolioFund’s behalf the disclosures and other information a swap dealer is required to provide to its counterparties under CFTC and SEC rules governing swap transactions, including the form and method of delivery of such disclosures and information. With respect to any swap executed by the Sub-Adviser on the PortfolioFund’s behalf, Portfolio the Fund will be relying on Sub-Adviser’s advice and not on the recommendations (if any) of a swap dealer.
Appears in 2 contracts
Samples: Sub Advisory Agreement (Lincoln Variable Insurance Products Trust), Sub Advisory Agreement (Lincoln Variable Insurance Products Trust)
