When attempting to manage distribution lists with a manager assigned, the operation fails with the error:
A parameter cannot be found that matches parameter "BypassSecurityGroupManagerCheck"
This is a product defect (TF00683675).
The code has the check for a parameter called "ByPassSecurityGroupManagerCheck" which calls for increase in permissions of the service account communicating with the Exchange Server.
"A parameter cannot be found that matches parameter “BypassSecurityGroupManagerCheck”