N.J. Admin. Code § 17:16-4.5

Current through Register Vol. 56, No. 24, December 18, 2024

Section 17:16-4.5 - Indirect violations

(a) No investment management firm, investment management professional, or third party solicitor shall, directly or indirectly, through or by any other person or any means whatsoever, do any act which would violate the provisions of N.J.A.C. 17:16-4.3 or 4.4.

(b) Indirect violations shall include, but are not limited to:

1. A family member or other person making political contributions or payments to a political party on the person or entity's behalf;

2. A person or entity making payments to a Federal party committee or other political committee or organization for the purpose of influencing State or local elections governed by this subchapter; and

3. A third party solicitor making political contributions or payments to a political party in order to encourage the engagement of an investment management firm for which it is not directly soliciting business from the Division.

N.J. Admin. Code § 17:16-4.5

Amended by R.2005 d.275, effective 8/15/2005.
See: 37 N.J.R. 1126(a), 37 N.J.R. 3050(a).
Added "any" preceding "means", "whatsoever" following "means" and ", or otherwise circumvent the intent of this policy" following "4.4".
Amended by R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Deleted ", or otherwise circumvent the intent of this policy" at end of paragraph.
Amended by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Inserted designation (a); in (a), inserted a comma following "professional"; and added (b).