Board inspection powers permit appointment of inspectors to examine investment advisers' books for compliance and investor protection. Board inspection powers permit the appointment of one or more inspecting authority, suo motu or on receipt of information or complaint, to inspect the ... Summary
Board inspection powers permit appointment of inspectors to examine investment advisers' books for compliance and investor protection.
Board inspection powers permit the appointment of one or more inspecting authority, suo motu or on receipt of information or complaint, to inspect the books of accounts, records and documents of investment advisers to ensure records are maintained as required, investigate client or other complaints affecting adviser activities, ascertain compliance with the Act and these Regulations, and inspect an adviser's affairs in the interest of the securities market or investors.
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