---
kind: "section"
citation: "13 C.F.R. § 107.506"
title: "13"
number: "107.506"
heading: "Safeguarding Licensee's assets/Internal controls."
url: "https://uscodex.org/cfr/13/107.506"
---

# §107.506. Safeguarding Licensee's assets/Internal controls.


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

### Authority

Authority: 15 U.S.C. 662, 681-687, 687b-h, 687k-m.

### Source

Source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.