FINRA CMA definition

FINRA CMA means a continuing membership application filed by the Company Broker-Dealer under FINRA Rule 1017.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

FINRA CMA has the meaning set forth in Section 6.3(b).

FINRA CMA has the meanings set forth in Section 5.4(c).

Examples of FINRA CMA in a sentence

• Seller and Buyer shall use reasonable efforts to obtain “Fast Track” treatment for the FINRA CMA, if applicable to such form of FINRA CMA.

• The form of the FINRA CMA shall be subject to the approval of Seller and Buyer, which approval shall not unreasonably be withheld, conditioned or delayed.

• If the FINRA CMA is approved for “Fast Track” treatment, each of Seller and Buyer shall, and shall cause its Affiliates to, respond promptly to the other party hereto in regard to such requests to ensure compliance with any response period required by FINRA.

• Each of Seller and Buyer shall (and shall cause its Affiliates to) provide promptly upon request to the other party all information required to complete each FINRA CMA and respond to any further FINRA requests.

More Definitions of FINRA CMA

FINRA CMA has the meaning set forth in Section 8.1(b).

FINRA CMA means the continuing membership applications filed, either separately or as a combined application, pursuant to FINRA Rule 1017 seeking (i) FINRA’s approval of the change of ownership and control of the Broker-Dealer Subsidiary resulting from the transactions contemplated hereby (the “Company FINRA CMA”), and (ii) FINRA’s approval of a material change in business operations of eToro USA Securities Inc., to allow eToro USA Securities Inc. to conduct the Broker-Dealer Activities performed by the Broker-Dealer Subsidiary as of the date of this Agreement (in addition to the activities that eToro USA Securities Inc. is permitted to perform pursuant to its membership agreement with FINRA as of the date hereof).