Examples of Physical Commodities in a sentence
A Commodity Interest or Physical Commodity owned, or a financial con- tract entered into, by the Prospective Qualified Purchaser who is engaged pri- marily in the business of investing, re- investing, or trading in Commodity In- terests, Physical Commodities or fi- nancial contracts in connection with such business may be deemed to be held for investment purposes.
A Commodity Interest or Physical Commodity owned, or a financial contract entered into, by the Prospective Qualified Purchaser who is engaged primarily in the business of investing, reinvesting, or trading in Commodity Interests, Physical Commodities or financial contracts in connection with such business may be deemed to be held for investment purposes.
Investments in Physical Commodities Section 2.3 of NI 81-102 is being amended to permit conventional mutual funds to invest up to 10% of the fund’s NAV in silver, platinum and palladium (including certificates representing those precious metals).
U.S. Congress, Senate Committee on Homeland Security and Governmental Affairs, Permanent Subcommittee on Investigations, Wall Street Bank Involvement With Physical Commodities, 114th Cong., December 5, 2014, p.
U.S. Senate Permanent Subcommittee on Investigations, Wall Street Bank Involvement With Physical Commodities 10 (November 20, 2014).
Letter from Senator Carl Levin dated April 16, 2014; U.S. Senate Permanent Subcommittee on Investigations, Wall Street Bank Involvement with Physical Commodities 10, 390–96 (November 20, 2014).
Physical Commodities Legal Authority Investment The National Bank Act authorizes national banks to buy and sell “exchange, coin and bullion.” OCC precedent has construed coin and bullion to include gold, silver, platinum, palladium, and copper.212 Federal banking entities may, in certain cases, invest in companies that invest in or run a commodities business.
A Commodity Interest or Physical Commodity owned, or a financial contract entered into, by an Investor that is engaged primarily in the business of investing, reinvesting, or trading in Commodity Interests, Physical Commodities or financial contracts in connection with such business may be deemed to be held for Investment Purposes.
Further Review of Risks Associated with Physical Commodities Activities In light of the risks associated with physical commodities activities and in addition to the steps the Board has taken to improve the framework for financial supervision and regulation of holding companies,101 the Board has undertaken a review of FHCs’ commodities investments and activities under 4(k) complementary authority, merchant banking authority, and 4(o) grandfather authority.
The time allocated from data collection (Chapter 2: Section: 2.7), ranged between 1– 2 hours (Appendix: 4), which allowed for intensive, face-to-face interviews to be conducted with 11 participants.