Notice before inspection: Board may give advance written notice or proceed without notice to protect investor interests. Regulation provides that the Board shall ordinarily give a credit rating agency a written notice of not less than ten days before ordering an inspection or investigation, but may, by written order, dispense with such notice when satisfied that investor interests require immediate action; during any inspection or investigation the agency must discharge all obligations prescribed in regulation 31.
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.
Notice before inspection: Board may give advance written notice or proceed without notice to protect investor interests.
Regulation provides that the Board shall ordinarily give a credit rating agency a written notice of not less than ten days before ordering an inspection or investigation, but may, by written order, dispense with such notice when satisfied that investor interests require immediate action; during any inspection or investigation the agency must discharge all obligations prescribed in regulation 31.
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