Inspection notice requirement: advance notice required but may be waived to protect investor interests under regulations. The Board must give an Alternative Investment Fund advance notice before initiating an inspection, but may waive that notice by written order if withholding notice is necessary to protect investor interests; the fund must comply with obligations during any inspection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inspection notice requirement: advance notice required but may be waived to protect investor interests under regulations.
The Board must give an Alternative Investment Fund advance notice before initiating an inspection, but may waive that notice by written order if withholding notice is necessary to protect investor interests; the fund must comply with obligations during any inspection.
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