§107.506. Safeguarding Licensee's assets/Internal controls.
13 C.F.R. § 107.506
You must adopt a plan to safeguard your assets and monitor the reliability of your financial data, personnel, Portfolio, funds and equipment. You must provide your bank and custodian with a certified copy of your resolution or other formal document describing your control procedures.
Notes, amendments, and revision history
Authority
Authority: 15 U.S.C. 662, 681-687, 687b-h, 687k-m.
Source
Source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.