Examples of Active Consideration in a sentence
Active Consideration for Purchase or Sale A Security is under Active Consideration for Purchase or Sale once a MAM portfolio manager forms a specific intent to purchase or sell a Security for a MAM Client account.
Covered Persons who serve on the board of a publicly traded company or who have a material business relationship involving the issuer of a Covered Security Under Active Consideration must (in addition to complying with the requirements of Section 4(c) below) disclose such board service or business relationship to the Trading Department before recommending the purchase or sale of an affected Covered Security.
A Security will be deemed under "Active Consideration" when a recommendation to purchase or sell the Security has been made and communicated to the person or persons ultimately making the decision to buy or sell the Security.
If a Client or Firm account trades in a Pre-Clearable Security during the pre-clearance window and a Front-Office Access Person successfully obtained pre-clearance approval of a trade, the Front-Office Access Person may still be required to demonstrate that they did not know that the same or Related Pre-Clearable Security was under Active Consideration for Purchase or Sale for an account at the time of the personal trade.
A Covered Security will be deemed under "Active Consideration" until any purchase or sale recommendation has been implemented or rejected or until the proper Advisory Person decides not to recommend the purchase or sale of the security to a Fund.
Restriction on Securities under Active Consideration Applies to: Access Level I and Access Level II Persons Access Level I and Access Level II Persons are prohibited from buying or selling a security if the security is under active consideration by a John Hancock Affiliated Fund.
A Security will be deemed under "Active Consideration" until the Adviser on behalf of the Advisory Client implements or rejects the recommendation or until the proper Advisory Person decides not to recommend the purchase or sale of the Security for an Advisory Client.
A Security will also be deemed under "Active Consideration" whenever an Advisory Person focuses on the Security and seriously considers recommending the Security to an Advisory Client.
As used in this Code, a Covered Security will be deemed under "Active Consideration" whenever a recommendation to purchase or sell the security has been made and communicated to the person or persons ultimately making the decision to buy or sell the security and whenever an Advisory Person focuses on a specific Covered Security and seriously considers recommending such security to the Fund.
Note: the De Minimis and Market Cap exceptions outlined in Section 3.6 are not available for the types of transactions described above in this Section 4.3.All Level 1 Access Persons who are members of an Investment Team must affirmatively assert as part of the pre-clearance trade approval process, that the Same Pre-Clearable Security is not under Active Consideration for Purchase or Sale for a Client account managed by the Level 1 Access Person’s Investment Team.