RIACF & LawVisory University

Episode 08: Rule 206(4)-2 - Custody Rule


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In this episode, we are looking at SEC Rule 206(4)-2, known as the Custody Rule, which states that it is a fraudulent practice for a registered investment adviser to have custody of client funds or securities, unless the adviser takes certain required steps to protect the assets.

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RIACF & LawVisory UniversityBy Jeffrey Smith