Legal officer definition
Examples of Legal officer in a sentence
Similarly, you should consult with your Compliance or Legal officer if you have any questions concerning the meaning or interpretation of any provision of the Code.
Any questions regarding the scope or interpretation of this Code should be referred to the appropriate Compliance or Legal officer.
The Designated Compliance or Legal officer may consider granting an exception to this prohibition if the securities involved in the transaction are not (i) being considered for purchase or sale by client accounts on a firmwide basis or (ii) being purchased or sold by client accounts on a firmwide basis and are not economically related to such securities.
The Designated Compliance or Legal officer shall consider the policy reasons for the ban on short-term trades, as stated herein, in determining when an exception to the prohibition is permissible.
Exception: Advisors’ Designated Compliance or Legal officer may grant exceptions to this policy based on a review of the transaction(s) and determination that any abusive practices which the Code and this Supplement are designed to prevent, such as front running or material conflicts of interest, have not occurred and the transactions involved support granting of an exemption.