Securities And Exchange Board Of India - Subsection
Section 17(1) in Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
(1)Every portfolio manager shall keep and maintain the following books of accounts, records and documents namely:-(a)a copy of balance sheet at the end of each accounting period;(b)a copy of the profit and loss account for each accounting period;(c)a copy of the auditors report on the accounts for each accounting period;(d)a statement of financial position and;(e)records in support of every investment transaction or recommendation which will indicate the data, facts and opinion leading to that investment decision.
