If an adviser manages client assets that are not funds or securities, does the amended custody rule require the adviser to maintain these assets with a qualified custodian?
Related Questions
- When does an adviser have custody when it advises a client with respect to the purchase of privately offered uncertificated securities, i.e., the securities described in paragraph (b)(2)(i) of the rule?
- Should [the Commission] require that all client funds and securities be maintained with qualified custodians?
- What does the rule require of lawyers and law firms who handle client funds?
