We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The Custody Rule.
- Authors
Stanley, Chris
- Abstract
The article considers the impact of the Custody Rule, regulations derived from the U.S. Investment Advisers Act of 1940 related to the custody of financial assets managed by investment advisers. Increased focus on the Custody Rule by the U.S. Securities & Exchange Commission (SEC) is discussed. The broad application of custody to routine activities by investment advisers on behalf of their clients is examined. It is noted that custody requires advisers to submit to an annual independent audit.
- Subjects
CUSTODIAL accounts; GLOBAL custody (Securities); INVESTMENT advisor-client relationships; INVESTMENT advisor liability; LEGAL status of investment advisors
- Publication
Journal of Financial Planning, 2013, Vol 26, Issue 8, p26
- ISSN
1040-3981
- Publication type
Article