Right of inspection: Board-appointed inspectors may examine portfolio managers' books to ensure compliance and investigate complaints. The Board may appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper maintenance, verify compliance ... Summary
Referred In :
Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
Right of inspection: Board-appointed inspectors may examine portfolio managers' books to ensure compliance and investigate complaints.
The Board may appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper maintenance, verify compliance with the Act and regulations, investigate complaints affecting the manager's activities, and conduct suo motu inquiries in the interest of securities business or investor protection.
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