Portfolio manager inspection permits verification of records, regulatory compliance, complaint investigation, and own-motion inquiry to protect investors and markets. Inspection of portfolio managers may be undertaken by persons appointed by the Board to verify maintenance of books, records and documents, and compliance ... Summary
Portfolio manager inspection permits verification of records, regulatory compliance, complaint investigation, and own-motion inquiry to protect investors and markets.
Inspection of portfolio managers may be undertaken by persons appointed by the Board to verify maintenance of books, records and documents, and compliance with applicable statutory and regulatory requirements. Inspection may investigate complaints concerning a portfolio manager's activities and may also be initiated on the Board's own motion in the interests of the securities market or investors.
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