Sentences with phrase «discretionary authority over»

If the adviser has discretionary authority over the client's account, is there any evidence of excessive trading, self - dealing, preferential treatment, unsuitable recommendations, unauthorized transactions or incomplete disclosure?

In addition, Bolden found that the trust agreement strips Prudential of its discretionary authority over its own compensation, limiting Prudential «s compensation to the fee schedule provided to the employer and requiring advance notice to the employer of any changes to the agreed - upon schedule.

But one individual should not have discretionary authority over all your investment assets.

The London Company of Virginia, LLC («London Company») will vote all proxies and act on other corporate actions for all securities held by the Hennessy Equity and Income Fund (the «Equity and Income Fund») in its equity allocation in a timely manner, as part of its full discretionary authority over the equity allocation of the Equity and Income Fund.

As educators» discretionary authority over school discipline has been challenged and undermined, counterproductive authoritarian measures such as zero - tolerance policies have been implemented in its place.

Her reasoning was that MassMutual had the ability to set its own compensation without consulting with the plan sponsor, effectively giving MassMutual discretionary authority over plan's assets.

Not exact matches

When Keynes assumed authority over the endowment fund at King's College in 1921, the fund was severely constrained by the Trustee Act, so he persuaded the College Fellows to separate a part of it into a discretionary portfolio over which he had complete control.

After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how best to reform the country's central bank.

So while MMV still has the power of the Speaker's pot of discretionary money to spread around, her authority over the Council remains largely as the Mayor's cat's paw.

A trustee that is a «directed trustee» is responsible for the safekeeping of trust assets but has no discretionary investment management duties or authority over the assets.

If an FCM or IB Member introduces the customer's account or a CTA Member exercises discretionary trading authority over the account, then the Member acting as the counterparty to the customer must notify that FCM, IB or CTA Member of the changes to the customer's information.

Get your permission before buying or selling investments on your behalf, and confirm it in writing (unless you have a discretionary account or you have given someone else trading authority or power or attorney over your account).