Series 53: Six-year Minimum Requirement

Six-year Minimum Requirement

Every broker-dealer must preserve the following records for a period of not less than six years:

• • Blotters
• • General ledgers and customer ledgers
• • Securities records
• • The records concerning primary offerings (e.g., underwriting agreement, syndicate letter)
• • Records of customer complaints
• • Financial records subject to the net capital rule
• • The written record of all designated municipal securities principals and their responsibilities
• • Political contributions records
• • Records of gifts and gratuities and compensatio