asks about written policies and procedures. As a State registered Adviser, am I required to have written policies and procedures?
It is strongly recommended that an Adviser have written policies and procedures in place. If the Adviser is sued, a common issue will be whether the Adviser’s policies and procedures were consistently followed. It places the Adviser at a significant disadvantage if the Adviser has no written policies and procedures in place. It makes good business sense.
Related Questions
- Once a registered investment adviser has developed written supervisory and compliance policies and procedures, what happens?
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