Board inspection power enables appointment of inspectors to ensure SRO compliance and protect investor interests. The Board may appoint one or more persons as an inspecting authority to inspect the books of accounts, records and documents of a Self Regulatory Organization to ensure compliance with the Act, regulations, directions and circulars, to inquire into complaints from members, investors or others about the SRO's activities, or to inquire suo motu in the interest of securities business or investor protection.
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.
Board inspection power enables appointment of inspectors to ensure SRO compliance and protect investor interests.
The Board may appoint one or more persons as an inspecting authority to inspect the books of accounts, records and documents of a Self Regulatory Organization to ensure compliance with the Act, regulations, directions and circulars, to inquire into complaints from members, investors or others about the SRO's activities, or to inquire suo motu in the interest of securities business or investor protection.
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