Recordkeeping obligations require portfolio managers to maintain and disclose accounts and notify the regulator periodically. Portfolio managers must maintain specified financial books and supporting records for every investment decision, with transactional records kept under the ... Summary
Recordkeeping obligations require portfolio managers to maintain and disclose accounts and notify the regulator periodically.
Portfolio managers must maintain specified financial books and supporting records for every investment decision, with transactional records kept under the custody of the Principal Officer. They must notify the Board of the location of these records and, after each accounting period, furnish copies of the balance sheet, profit and loss account and other specified documents for the preceding five accounting periods as and when required by the Board.
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