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Rules for custody banks include keeping "entity specific" records and accounts so that in the event of an insolvency these could be used to identify safeguarded assets to be returned to clients.
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Perhaps most important of all, they conduct due diligence of a target company to make sure its business practices are efficient and reliable, its valuable assets are safeguarded, and its accounts are accurate.
Although the Custody Rule applies only to registered investment advisers, its concepts are relevant for nonregistered advisers and other intermediaries as well, since their clients or customers have a practical interest in assuring that managed assets are appropriately safeguarded and the absence of appropriate custody arrangements may preclude a client from investing with a particular adviser.
This means that if you declare bankruptcy, your IRA assets are usually safeguarded and cannot be seized.
Equipment is an asset of the University that should be safeguarded and used only for University programs and purposes.
The data stored on the cloud are safeguarded from illegal access by the proposed protocol safeguard.
Other property shall be identified as such and appropriately safeguarded.
How can these best be safeguarded and disposed of?
It was important to ensure that such individuals were "safeguarded".
Financiers are tough prey, safeguarded by the finest lawyers.
How can student security and privacy be safeguarded?
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