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And when the Securities and Exchange Commission arrives within five years or so for its regularly scheduled inspection of the manager, the trader will either have been fired or learned to keep his mouth shut and any documents related to the incident will be withheld from disclosure to the regulator under the attorney-client privilege.
FORBES: Hidden Crimes; Too Many Secrets: How Money Managers Hide Illegalities From Investors (August 1, 2000)
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To qualify even for these usurious loans, customers must pass inspection with an Elektra manager who checks reported salaries and an inspector who makes house calls to verify addresses and inventory possessions.
FORBES: The Salinas touch
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Soon after the Ambats and their neighbors agreed to the shoot Mr. Baugh, the location manager, came for an inspection.
WSJ: Starring Your Den