MIAMI-Because the threat of a pandemic occurring is real and the question is when it will happen, not if, "companies are legally required to have a business continuity plan in place," said Jim Coppedge, general counsel at AIM Investment Services, during a panel last week at The National Investment Company Service Association's 25th Anniversary Annual Conference & Expo here.

During company examinations, the Securities and Exchange Commission will ask questions and want to see a prepared plan in place, he said.

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