Mo. Code Regs. Ann. tit. 15, § 30-51.100
Custody of Securities or Funds by Investment Advisers
Effective Nov 25, 1974sections 409.102(c)(1) and 409.413(a), RSMo 1986.* Original rule filed June 25, 1968, effective Aug. 1, 1968. Amended: Filed May 21, 1969, effective Aug. 1, 1969. Amended: Filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974. 15 CSR 30-51Secretary of State
PURPOSE: This rule prohibits the custody of clients’ securities or funds by registered investment advisers.
- (1) Investment advisers required to be registered as such under the Act shall not take or have custody of any securities or funds or any client (section 409.102(c)(1), RSMo).
AUTHORITY: sections 409.102(c)(1) and 409.413(a), RSMo 1986.* Original rule filed June 25, 1968, effective Aug. 1, 1968. Amended: Filed May 21, 1969, effective Aug. 1, 1969. Amended: Filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974. 15 CSR 30-51
*Original authority: 409.202, RSMo 1967, amended 1977, 1978, 1986 and 409.413, RSMo 1967.