legal investment

Legal Investment

An investment allowed for institutional investors under the legal and regulatory rules of the country in which it is made. Institutional investors, notably banks, handle funds on behalf of clients, who may or may not be interested in investing themselves. As a result, many institutional investors are restricted from making certain high-risk investments. In the case of bonds, legal investments are called investment-grade.

legal investment

An investment that is eligible for purchase by a fiduciary. Also called legal, statutory investment.
References in periodicals archive ?
The new law in conjunction with other factors of national competitiveness will assist Namibia in becoming more competitive to draw both domestic and foreign investment due to an increased transparent legal investment regime, simplified processes of admission and treatment of investors," Dau-Pretorius said.
It is highly unlikely that khat money is laundered in Somalia because khat proceeds are not illegal and opportunities for legal investment are few given Somalia's weak economy.
Investors are cautioned that due to the Company's acquisition of the right to receive income from marijuana farming operations, an investment in this Company is extraordinarily risky, involving a multiplicity of extreme risks, that in some respects exceed that of any legal investment in the history of investing, particularly given the conflict of laws and the potential consequences of that conflict, including very substantial legal risk of federal prosecution, penalty and imprisonment, as marijuana is still classified federally as a Schedule 1 narcotic.
The SECP is actively conducting seminars across major cities of Pakistan to raise awareness about importance of savings and available legal investment opportunities.
The legislative history notes that the state override provision was necessary because many state laws establishing legal investment criteria were written when MBSs were generally unknown.
Using a unique combination of technology, legal, and marketing expertise, Funding Launchpad plans to become the first legal investment crowdfunding platform in the U.
Partnering for Worldwide Value is Squire Sanders' multifaceted approach that combines firm best practices and expanded investment in technology and training to provide clients the best value for their legal investment.
Each state division within the publication includes: "Insurance Securities Laws," with full text and statutory references; "Insurance Securities Regulations," a section covering rules governing the solicitation of proxies, consents and authorizations of domestic stock insurers; "Legal Investment Laws," covering the state legal investment laws prescribing securities that may be purchased by banks, fiduciaries and insurance companies; and "Legal Investment Regulations," presenting rules governing the legal investment practices of banks, fiduciaries and insurance companies.
Davis Munck maximizes return on legal investment and delivers consistent and responsive service from senior-level attorneys with business savvy and technical expertise.
a global provider of integrated enterprise content management (ECM) and network connectivity solutions today announced that Baker & McKenzie, one of the world's leading global law firms, is extending its Hummingbird Enterprise(TM) for Legal investment to proactively address compliance from the start of the matter.
the dominant legal investment banking entity, will become an operating subsidiary of Salomon Smith Barney Holdings Inc.
The program also offers business readiness training, knowledge on legal investment and information on industry specific issues.