1. Regulations
  2. title 12
  3. chapter I
  4. part 150
  5. subpart B
  6. subjgrp 39
  7. § 150.210

View all text of Subjgrp 39 [§ 150.200 - § 150.220]

§ 150.210 - Must I conduct another review of an account after I accept it?

After you accept a fiduciary account for which you have investment discretion, you must conduct a prompt review of all assets of the account to evaluate whether they are appropriate, individually and collectively, for the account.

AUTHORITY: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).

SOURCE: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.

CITE AS: 12 CFR 150.210