Right of inspection: Board may appoint inspectors to examine portfolio managers' records to ensure compliance and investigate complaints. The Right of inspection permits the Board to appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper ... Summary
Right of inspection: Board may appoint inspectors to examine portfolio managers' records to ensure compliance and investigate complaints.
The Right of inspection permits the Board to appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper record keeping and compliance with the Act, rules and regulations, to investigate complaints from investors or others, and to conduct suo motu inquiries in the interest of the securities market or investor protection.
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