Segregated Fund

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Segregated Fund

An investment company in Canada that has features of a life insurance policy and a mutual fund. The investment company sells life insurance to policyholders, who have rights to all benefits, just like any other life insurance policy. It then uses the proceeds to buy securities, which it packages and sells as shares in a mutual fund. The two aspects of a segregated fund must be kept separate from each other, except in the manner described above.
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With the joining of Rakuten, TT s MultiBroker network now covers over 30 sell-side participants, comprising 7 of the top 10 brokers by customer segregated funds.
He provided meeting participants with a detailed look at an RJO customer segregated funds statement to illustrate those areas that will be easier to provide verification of funds across the industry, as well as those items that have more complexities associated with verification and may take more time for regulators to implement.
IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that it will deliver trade date clearing, concurrent with the launch of its segregated funds credit derivatives clearing solution for CDX, followed by segregated funds and trade date clearing for iTraxx.
Nonqualified Contributions: Qualified contributions exclude contributions for establishing new, or maintaining existing, segregated funds or accounts if the donor (or the donor's appointee or designee) has, or reasonably expects to have, advisory privileges regarding distributions or investments because of the donor's status as donor.
Segregated funds appear to offer the shade they seek.
According to OMB Watch, if Shays and Meehan win the lawsuit, it will "further complicate rules for grassroots lobbying and public education; chill nonprofit lobbying for fear of criminal penalties; and require nonprofits to raise funds for separate segregated funds to pay for grassroots lobbying broadcasts to avoid the penalties.
Many exempt and nonexempt organizations have established separately segregated funds under Sec.
Unions, corporations and membership organizations can support candidates by using segregated funds for administrative costs and limited fundraising.
The assets include individual life, annuity and segregated funds policies, as well as credit insurance products.
com, the chart describes the allocation of customer segregated funds between the various instruments in which the firm invests.
JPMorgan Chase & Company (NYSE: JPM) has agreed to pay USD20m to settle the US Commodity Futures Trading Commission's (CFTC) charges in connection with the handling of Lehman Brothers' (LBI) customer segregated funds.