Preservation of books and records: portfolio managers must retain specified accounting and documentary materials for regulatory compliance. A portfolio manager must preserve the books of account and other records and documents specified in the chapter as a continuing compliance obligation, retaining those accounting and documentary materials for a minimum period of five years to satisfy regulatory records-retention requirements.
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Provisions expressly mentioned in the judgment/order text.
Preservation of books and records: portfolio managers must retain specified accounting and documentary materials for regulatory compliance.
A portfolio manager must preserve the books of account and other records and documents specified in the chapter as a continuing compliance obligation, retaining those accounting and documentary materials for a minimum period of five years to satisfy regulatory records-retention requirements.
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