Selling Away definition
Selling Away means a Registered Representative’s purchase, sale, attempted sale, solicitation, or servicing of Securities, Alternative Investments, or life insurance products that are not approved or authorized by the Named Insured, including, but not limited to, participating, in any manner, in a private securities transaction (as that term is used in NASD Rule 3040) except in accordance with the requirements of NASD Rule 3040.
Selling Away means a Registered Representative’s purchase, sale, attempted sale, solicitation, or servicing of Securities, Alternative Investments, or life insurance products that are not approved or authorized by the Named Insured, including, but not limited to, participating, in any manner, in a private securities transaction (as that term is used in FINRA Rule 3280) except in accordance with the requirements of FINRA Rule 3280.