Assertion: fund's board | /r/CapableOf | determine purchase
Facets:
value: least quarterly
type: TEMPORAL
Source sentences:
text: See, e.g., rule 10f-3 (permitting funds to purchase securities in a primary offering when an affiliated broker-dealer is a member of the underwriting syndicate if the fund’s board, including a majority of its independent directors, (i) approves procedures regulating purchases of these securities and (ii) determines at least quarterly that the purchases complied with the board-approved procedures).