1 MAC Pt. 14, R. 6.27

Commingling of Accounts Prohibited

Year: 2026Length: 59 wordsOfficial source

Cite as 1 Miss. Admin. Code Pt. 14, R. 6.27

Commingling of Accounts Prohibited. An investment adviser engaged in more than one (1) enterprise or activity shall maintain separate books of account and records relating to its advisory business. The assets of the advisory business shall not be commingled with those of such other businesses, and there shall be a clearly defined division with respect to income and expenses.
1 MAC Pt. 14, R. 6.27: Commingling of Accounts Prohibited | Justis AI