Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.
Material Compliance Matter is defined as “any compliance matter about which the Trust’s Board would reasonably need to know to oversee fund compliance,” which involves any of the following (without limitation): (i) a violation of Federal Securities Laws by the Trust or a Service Provider; (ii) a violation of the Compliance Program of the Trust, or the written compliance policies and procedures of the Service Providers; or (iii) a weakness in the design or implementation of the Compliance Program policies and procedures of the Trust, or the written compliance policies and procedures of the Service Providers.
Material Compliance Matter that occurred since the date of the last report.2 This written report shall be based on the Annual Review. The first written report shall be presented to the Trust no later than 60 days after the date of the first Annual Review.
Examples of Material Compliance Matter in a sentence
The rule requires the chief compliance officer to provide a written report to the board, no less frequently than annually, that addresses, among other things, each Material Compliance Matter (a defined term) that has occurred since the date of the last report.
The Sub-Adviser shall fully cooperate with the CCO as to facilitate the CCO's performance of his/her responsibilities under Rule 38a-1 to review, evaluate and report to the Fund's Board of Directors on the operation of the Sub-Adviser's compliance policies and procedures and shall promptly report to the CCO any "Material Compliance Matter" as defined by Rule 38a-1(e)(2).
More Definitions of Material Compliance Matter
Material Compliance Matter means “any compliance matter about which the Fund’s board would reasonably need to know to oversee fund compliance,” which involves any of the following (without limitation): (i) a violation of Federal Securities Laws by the Fund or its service providers (or officers, directors, employees or agents thereof) (ii) a violation of the Compliance Program of the Fund, or the written compliance policies and procedures of its service providers; or (iii) a weakness in the design or implementation of the Compliance Program policies and procedures of the Fund, or the written compliance policies and procedures of the service providers to the Fund.
Material Compliance Matter is defined as “any compliance matter about which the Trust’s board would reasonably need to know to oversee fund compliance,” which involves any of the following (without limitation): (i) a violation of Federal Securities Laws by the Trust or its service providers (or officers, directors, employees or agents thereof) (ii) a violation of the Compliance Program of the Trust, or the written compliance policies and procedures of its service providers; or (iii) a weakness in the design or implementation of the Compliance Program policies and procedures of the Trust, or the written compliance policies and procedures of the service providers to the Funds.
Material Compliance Matter that occurred since the date of the last report.2 This written report shall be based on the Annual Review.
Material Compliance Matter means any compliance matter about which the fund’s board of directors would reasonably need to know to oversee fund compliance, and that in- volves, without limitation:
Material Compliance Matter has the same meaning as the term is defined in Rule 38a-1, and includes any compliance matters that involve: (1) a violation of the Federal Securities Laws by UMBFS (or its officer, directors, employees, or agents); (2) a violation of its Compliance Policies and Procedures; or (3) a weakness in the design or implementation of its Compliance Policies and Procedures. UMBFS (and anyone acting under the direction of UMBFS) shall refrain from, directly or indirectly, taking any action to coerce, manipulate, mislead, or fraudulently influence the Fund s Chief Compliance Officer in the performance of her or his responsibilities under Rule 38a-1.
Material Compliance Matter is defined as: any compliance matter that The Vantagepoint Funds' Board of Directors would reasonably need to know in order to oversee Fund compliance and that involves, without limitation, a violation of the Federal Securities Laws (as defined in Rule 38a-1) by the Subadviser (or officers, directors, employees or agents thereof); a violation of the policies and procedures of the Subadviser; or a weakness in the design or implementation of the policies and procedures of the Subadviser. At least annually, the Subadviser shall provide a certification in a form reasonably requested by the Client or the Fund to the CCO to the effect that the Subadviser has in place and has implemented policies and procedures that are reasonably designed to ensure compliance by the Subadviser with the Federal Securities Laws.
Material Compliance Matter is defined as “any compliance matter about which the [Trust’s sponsor] would reasonably need to know to oversee fund compliance,” which involves any of the following (without limitation): (i) a violation of Federal Securities Laws by the Trust, its Sponsor, Trustee or Distributor; (ii) a violation of the Compliance Program of the Trust, or the written compliance policies and procedures of any of its Sponsor, Trustee or Distributor; or (iii) a weakness in the design or implementation of the Compliance Program policies and procedures of the Trust, or the written compliance policies and procedures of any its Sponsor, Trustee or Distributor.