Act of Aug. 22, 1940, ch. 686, tit. II, sec. 223 (as amended)

CUSTODY OF CLIENT ACCOUNTS.

Year: 2025Length: 49 wordsOfficial source
SEC. 223. [15 U.S.C. 80b–18b] CUSTODY OF CLIENT ACCOUNTS. An investment adviser registered under this title shall take such steps to safeguard client assets over which such adviser has custody, including, without limitation, verification of such assets by an independent public accountant, as the Commission may, by rule, prescribe.
Cross-references to the US Code
15 U.S.C. 80b–18b
Act of Aug. 22, 1940, ch. 686, tit. II, sec. 223 (as amended): CUSTODY OF CLIENT ACCOUNTS. | Justis AI