Inspection obligations require brokers to produce records, grant access, and assist inspecting authorities promptly. Regulation 21 requires stock-brokers and their directors, proprietors, partners, officers and employees to produce books, accounts and other documents and furnish statements and information relating to securities transactions to the inspecting authority within required timeframes; to grant reasonable access to premises and facilities for examination of books, records, documents and computer data; to provide copies of relevant materials; and to permit examination or recording of statements, giving all reasonable assistance in connection with the 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 obligations require brokers to produce records, grant access, and assist inspecting authorities promptly.
Regulation 21 requires stock-brokers and their directors, proprietors, partners, officers and employees to produce books, accounts and other documents and furnish statements and information relating to securities transactions to the inspecting authority within required timeframes; to grant reasonable access to premises and facilities for examination of books, records, documents and computer data; to provide copies of relevant materials; and to permit examination or recording of statements, giving all reasonable assistance in connection with the inspection.
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