Investment discretion definition

Investment discretion means the making of one or more investment decisions (buy, sell or otherwise handle) by an "individual” or "entity" with respect to the assets, “securities" or other investments belonging to a third party without that third party's prior approval of each such decision.

Investment discretion means that, with respect to an account, a bank di- rectly or indirectly:

Investment discretion means that, with respect to an account, a bankdirectly or indirectly:

Examples of Investment discretion in a sentence

• Investment discretion may not be delegated to any firm hired under this mandate.

• Investment discretion is defined as the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to purchase or sell on behalf of the fiduciary related account.

• Investment discretion is explained to clients in detail when an advisory relationship has commenced.

• Investment discretion does not include the ability to obtain possession of the securities in a portfolio other than to process transactions for those securities, including the movement of securities or cash from one portfolio account to another registered in the client’s name.

• Treasury defines ‘‘control’’ as the authority to ‘‘exercise investment discretion over the purchase, sale, retention, or financing of specific Treasury securities.’’ 13 Investment discretion can be exercised by the beneficial owner, a custodian, or an investment adviser.

More Definitions of Investment discretion

Investment discretion means that,with respect to an account, an FDIC- supervised institution directly or indirectly:

Investment discretion means that, with respect to an account, an FDIC- supervised institution directly or indi- rectly:

Investment discretion means, with respect to an account, the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to pur- chase or sell on behalf of the account. A bank that delegates its authority over investments and a bank that re- ceives delegated authority over invest- ments are both deemed to have invest- ment discretion.

Investment discretion means legal authorization to select, obtain and dispose of investments on the client’s behalf without separate authorization for each transaction;

Investment discretion means, with respect to an account, the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to purchase or sell on behalf of the account.

Investment discretion means, with respect to an account, the sole or shared authority (whether or not that authority is exercised) to determine what securities or other assets to pur- chase or sell on behalf of the account. A bank that delegates its authority

Investment discretion means the authority of a corporate credit union, as trustee, to determine what securities, property, or other investments will be purchased or sold by or for an account.