Client Advising Participant definition

Client Advising Participant means any Market Participant that provides investment advice and/or Securities recommendations to a client and may be responsible for that client’s assets at any time and includes:
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Client Advising Participant means: (a) an NZX Trading and Advising Firm; (b) an NZX Advising Firm; (c) a Bank Only Participant; and (d) any Approved Organisation designated as a Client Advising Participant from time to time by NZX pursuant to Rule 3.19; “Client Assets” has the meaning as set out in Rule 18.1; “Client Funds” means the funds given by a client to a Market Participant Accepting Client Assets to be held by that Market Participant Accepting Client Assets in its Client Funds Account; “Client Funds Account” has the meaning given to that term in Rule 18.3; “Client Inward Transfer” or “CIT” has the meaning set out in the Depository Rules; “Client Outward Transfer” or “COT” has the meaning set out in the Depository Rules; “Close” means the market phase as determined from time to time by NZX during which time Trades are created from matching Orders in accordance with Rules 11.6, 12.6, 14.6, 22.7.6 or 23.3.6; “Closing Market Price” means the last traded price of a Security at the end of a Trading Day; “Commodity” means any property, right (present or future or of any description) or asset and includes a financial product, a Security, an Emission Unit, electricity and Money in any currency but excludes any property or right in a Derivatives Contract; “Common Shareholder Number” or “CSN” means a unique alphanumeric identifier that uniquely identifies that Security holder: (a) on all Securities Registries; and (b) to NZX; “Company” means a company registered or re-registered under the Companies Act 1993;
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Examples of Client Advising Participant in a sentence

  • Each Client Advising Participant must ensure that all persons who provide advice to clients on transactions relating to NZX Quoted Products (except those Quoted on the NZX Derivatives Market for which separate designation is required) on behalf of that Client Advising Participant or on dealing in any market operated or provided by NZX on behalf of clients of that Client Advising Participant are designated NZX Advisers.

  • If a client is reluctant to provide a complete set of information, e.g. reluctant to provide location details or authorised persons on an account, a Client Advising Participant should consider whether the actions of the client are suspicious and whether a report under the Act should be made.

  • If an Advisor of a Client Advising Participant encounters such reluctance on the part of a prospective client he/she should discuss their concerns about that prospective client with that Client Advising Participant’s Compliance Manager.

  • In order to demonstrate that a Client Advising Participant has gone to reasonable lengths to verify the client’s identity all documentation obtained to verify identity must be legible.

  • If a Client Advising Participant cannot obtain adequate authenticated information to verify the identity of the prospective client and source of funds, or if a Client Advising Participant doubts the veracity of the information provided, that Client Advising Participant must not undertake a transaction for that client until such time as the identity of the client can be established and verified.

  • NZX Participant Rules NZX Participant Rule 11.3.1(b) requires that: Subject to Rules 11.3.2, 11.3.3 and 11.3.5, a Client Advising Participant must submit any Order, which is at market or at a fixed price limit, straight to market via the Trading System.

  • Each Client Advising Participant must ensure that all persons who provide advice to clients on transactions relating to NZX Listed Quoted Products (except those Quoted on the NZX Derivatives Market for which separate designation is required) on behalf of that Client Advising Participant or on dealing in any market operated or provided by NZX on behalf of clients of that Client Advising Participant are designated NZX Advisers.

  • We have proposed amendments so that NZX’s rules focus on the regulation of conduct in relation to advising on transactions in financial products traded on NZX’s markets, including by amending the definition of Client Advising Participant.

  • Rule 9.8. If a Client Advising Participant cannot obtain adequate authenticated information to verify the identity of the prospective client and source of funds, or if a Client Advising Participant doubts the veracity of the information provided, that Client Advising Participant must not undertake a transaction for that client until such time as the identity of the client can be established and verified.

  • It also requires a Client Advising Participant to have in place controls and procedures to mitigate the risk of introducing laundered funds.

Related to Client Advising Participant

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Requesting Participant means a Participant initiating an RFQ.

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Other Participant means a cooperative project participant other than the United States.

  • Supervisory employee means an employee, regardless of job description, having authority in the interest of the employer to hire, transfer, suspend, lay off, recall, promote, discharge, assign, reward, or discipline other employees, or the responsibility to assign work to and direct them, or to adjust their grievances, or effectively recommend that action, if, in connection with the foregoing functions, the exercise of that authority is not of a merely routine or clerical nature, but requires the use of independent judgment.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Subcontractor employee, as used in this clause, means any officer, partner, employee, or agent of a subcontractor.

  • Public school employer means a public employer that is the board of a school district, intermediate school district, or public school academy; is the chief executive officer of a school district in which a school reform board is in place under part 5A of the revised school code, 1976 PA 451, MCL 380.371 to 380.376; or is the governing board of a joint endeavor or consortium consisting of any combination of school districts,

  • Company Service Provider means an employee, individual consultant, individual independent contractor, individual self-employed contractor, leased or temporary employee or director of the Company or any of its Subsidiaries.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • Employer/Client means the PSCA that signs the contract for the services/goods with the selected/qualified Contractor.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • School employer means a board of school directors, the