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

  • The application shall include an undertaking signed by the candidate in the form provided in Appendix 10 and an undertaking from the Market Participant that employs or otherwise contracts the candidate in the form provided in Appendix 10 signed by or approved by the Managing Principal or the Responsible Executive of that Client Advising Participant (whichever is applicable).

  • For the avoidance of doubt, if a Client Advising Participant has a relationship with an Intermediary under which the Client Advising Participant deals with the underlying client, that Client Advising Participant must treat that underlying client as a direct client of the Client Advising Participant and the Rules shall apply to that underlying client as if that client were a direct client of the Client Advising Participant.

  • Nothing in Rule 5.1.1 prohibits NZX from appointing an Approved Organisation as a Client Advising Participant pursuant to Rule 3.19.

  • The source and nature of that client’s funds.5.11.2 Each Client Advising Participant must have in place controls and procedures to mitigate the risk of introducing laundered funds.

  • The application shall include an undertaking signed by the candidate in the form provided in Appendix 9 and an undertaking from the Market Participant that employs or otherwise contracts the candidate in the form provided in Appendix 9 signed by or approved by the Managing Principal or the Responsible Executive of that Client Advising Participant (whichever is applicable).

  • If any year in the 5-year period described above is a year before you first established any SIMPLE IRA plan, you will be treated as making a 3% matching contribution for that year for purposes of determining when you may reduce the employer matching contribution.

  • The notification made pursuant to Rule 5.7.1(b)(ii) must also contain the resigning Adviser’s contact details (if able to be obtained) for the 6 month period after that Adviser ceases employment with that Client Advising Participant.

  • If a Client Advising Participant’s Adviser fails to comply with his or her obligations pursuant to Rule 5.8.1 the Client Advising Participant who employs or contracts that Adviser will be responsible for meeting that Adviser’s obligations pursuant to Rule 5.8.1.

  • Each Client Advising Participant must ensure that its Employees are adequately trained to recognise and report to the Client Advising Participant’s Compliance Manager or person designated as the anti-money laundering reporting officer suspected money laundering activities by a client.

  • NZX considers that a Client Advising Participant either has a relationship with an intermediary or a direct relationship with an underlying client of an intermediary.

Related to Client Advising Participant

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

  • 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.

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