Personal Securities Account definition

Personal Securities Account means a brokerage account through which Securities in which an Access Person has Beneficial Ownership are held, purchased or sold.

Personal Securities Account means any account in which any securities are held for the person’s direct or indirect benefit.

Personal Securities Account means a brokerage account through which Securities in which an Access Person has Beneficial Ownership are held, purchased or sold. These accounts may only be established with approved brokerage firms, unless an exception is granted by the Compliance Department that can provide confirmations and statements electronically.

Examples of Personal Securities Account in a sentence

No Security on the LAM Restricted List may be purchased or sold in any Personal Securities Account.
No transaction for a Personal Securities Account may be made in Securities sold in an initial public offering or secondary offering.
No transaction for a Personal Securities Account may be made in securities offered pursuant to an initial public offering.
If you maintain (i) Personal Securities Accounts with broker-dealers that are not on the list of Approved Brokers, or (ii) a Beneficial Interest in Financial Instruments not held in a Personal Securities Account, please contact the Compliance Officer to arrange for providing quarterly and annual reports within 30 days following quarter end.
You must agree to allow your broker-dealer to provide the Compliance Officer with electronic reports of your Personal Securities Accounts and transactions and to allow the Compliance department to access all Personal Securities Account information.

Personal Securities Account means an account of an Access Person that includes, or may include, Personal Securities Holdings or Personal Securities Transactions of the Access Person.

Personal Securities Account means any securities and futures account of an Access Person in which the Access Person has a direct or indirect pecuniary interest and which account can hold Reportable Securities. An account established for the benefit of the following will be presumed to be a Personal Securities Account unless the Access Person and Compliance agree otherwise in writing: (1) an Access Person; (2) an Immediate Family Member of the Access Person.

Personal Securities Account means any account where general securities business, for the purposes of this policy, the term "securities" includes stocks, bonds, options, index futures, warrants, limited partnership interests and other similar investments. Commodities, which include, futures, forwards, currencies and options on futures, are also considered securities under this definition. A Personal Securities Account does not include accounts that are limited to transactions in unit investment trusts, variable contracts and mutual funds (see Exceptions below).

Personal Securities Account means a personal investment or trading account holding Reportable Securities owned (whether directly, indirectly or Beneficially Owned) by Access Persons and any and all members of the Access Person’s Immediate Family living in the same household. Personal Securities Accounts include: (i) trusts for which an Access Person acts as trustee, executor, custodian or discretionary manager; (ii) accounts for the benefit of the Access Person’s spouse or minor child; (iii) accounts for the benefit of a relative living with the Access Person; (iv) accounts for the benefit of any person to whom the Access Person provides primary financial support; and (v) an investment or trading account over which an Access Person exercises control or provides investment advice or a proprietary investment or trading account maintained for the Firm or its Access Persons.

Personal Securities Account means a brokerage account through which Securities in which an Access Person has Beneficial Ownership are held, purchased or sold, and includes any Personal Securities Account of the Access Person’s Immediate Family who live in the same household as the Access Person.

Personal Securities Account means any securities and futures account of an Access Person in which the Access Person has a direct or indirect pecuniary interest and which account can hold Covered Securities and/or Exchange-Traded Funds (ETFs). An account established for the benefit of the following will be presumed to be a Personal Securities Account unless the Access Person and Compliance agree otherwise in writing: (1) an Access Person; (2) the spouse/domestic partner of an Access Person; (3) any child of an Access Person under the age of 21, whether or not residing with the Access Person; and

Personal Securities Account means a securities account that includes Personal Securities Holdings (i.e., holdings of Securities in which Access Person has a Beneficial Interest) or Personal Securities Transactions (i.e., transactions in Securities in which Access Person has or acquires a Beneficial Interest) of the Access Person. The following are Personal Securities Accounts for purposes of this Code: