kaal:claim:2337268-039

A chief compliance officer is effective only if he or she combines sufficient knowledge of IAA obligations with adequate authority to develop and enforce policies and procedures; knowledge without authority is insufficient.

Source quote, verbatim

The chief compliance officer should have sufficient knowledge of IAA obligations and adequate authority to develop and enforce appropriate policies and procedures.

From

Wulf A. Kaal, Investment Adviser Regulation (2013), 9. Prohibited Practices, p. 21
https://ssrn.com/abstract=2337268 · source PDF

Cite as

Wulf A. Kaal, Investment Adviser Regulation (2013). SSRN: https://ssrn.com/abstract=2337268

Holds when

registered investment advisers required to designate a chief compliance officer

Classification

conditionsupport: arguedcompliance

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 7075ce35282a8ee75b81ae3dec0e19f68631beae7f3c3a00ab2827538dc9e302. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/c45d9db42ccabe4d...json
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