230 R.I. Code R. 230-RICR-50-05-2.11

Current through October 15, 2024

Section 230-RICR-50-05-2.11 - Adviser Custody Conditions - Federally Registered

An investment adviser registered under the Investment Advisers Act of 1940 may take or retain custody of securities or funds of a client only while the investment adviser is in full compliance with SEC Rule 17 C.F.R. § 275.206(4)-2 and while the investment adviser maintains a net worth of not less than $25,000.00.

230 R.I. Code R. 230-RICR-50-05-2.11