Common Contracts

Contract

August 21st, 2014

• Filed
  August 21st, 2014

shall also file with said parties a state- ment setting forth the name and ad- dress of the lender, the business rela- tionship of the lender to the broker or dealer, and whether the broker or deal- er carried funds or securities for the lender at or about the time the pro- posed agreement was so filed. All agreements shall be examined by the Commission’s Regional Office or the Examining Authority with whom such agreement is required to be filed prior to their becoming effective. No pro- posed agreement shall be a satisfactory subordination agreement for the pur- poses of this section unless and until the Examining Authority has found the agreement acceptable and such agree- ment has become effective in the form found acceptable.