immediate family

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Immediate family

Term used in the NASD rules of fair practice to refer to one's parents, brothers, sisters, children, relatives supported financially, father-in-law, mother-in-law, sister-in-law, and brother-in-law.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Immediate Family

Close blood relatives, in-laws, and every person one supports financially. FINRA prohibits providing broker-dealer services to members of one's immediate family. In life insurance, the beneficiary of the death benefit is almost always a member of one's immediate family.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

immediate family

Close relatives by birth or marriage including siblings, parents, children, in-laws, and any financial dependents. The National Association of Securities Dealers restricts financial transactions between a broker-dealer and his or her immediate family.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The SBP's FAQs further clarified 'although it is highly desirable to remit funds through wire transfer from the banks where the declarants or their immediate family members are maintaining the bank accounts, the declarants having bank accounts outside Pakistan but presently residing in Pakistan can also pay the tax in US dollars by depositing the dollar cheques with the authorised branches of NBP in Pakistan for collecting the proceeds for the SBP account in NBP New York.
Breaking down in tears, he said: "It is a shocking and heartbreaking tragedy to myself, immediate family members and close friends that within such a short period of time I lost everything in my life." He told mourners in the Harlow Islamic Centre: "It would not be possible for me to stand at this time and face this reality without guidance from the holy Koran and from the personal life of the prophet Mohammed."
I'm glad we have a specialist squad set up to tackle the 'animals' that go round thinking they can do what they want, take what they want and cause untold misery to the victims and the effect it has on the victim's immediate family.
Around 47 percent of the pet owners said that when they leave their family they miss their pets; while around 33 percent of travellers said they miss their pets more than their immediate family.
Overall, the study found that 61 percent of all respondents were related to an immediate family member who was serving or had served in the armed forces.
But in a statement released by solicitors working on the instruction of Malbranque's agent, Sebastien Boisseau, it is made clear that the Frenchman does not have a son and that no member of his immediate family is in ill health.
An employee may take paid personal/ carer's leave if they are unfit for work because of their own personal illness/injury or to provide care or support to a member of their immediate family or household, because of a personal illness, injury or unexpected emergency affecting the member.
KFHMB will collaborate with reputable partners to enable customers and their immediate family members to perform their pilgrimages at reasonable prices."
Immediate family flowers only please but donations gratefully accepted towards Ogwen W a r d , Ysby t y Gwynedd may be sent c/o A C Lambert & Son, Funeral Directors, 69, Conwy Road, Llandudno Junction, LL31 9LT Tel: 01492 581072.
Floral tributes are being arranged by immediate family. For those wishing to make a personal tribute, donations are welcome to Harry's R.N.L.I.
Revisions to the "Application of the Independence Rules to a Covered Member's Immediate Family" section of Interpretation 101-1 would ease restrictions on participation of immediate family members in client-sponsored employee benefit plans.
A BILL that would have granted distant relatives the right to inherit pensions if there is no immediate family has been thrown out by the Shura Council.

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