Series 51: Six-year Minimum Requirement

Six-year Minimum Requirement

Every 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
• • 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 compensation for services performed
• • Consultant agreement records
• • Records of shared secondary market accounts, including:
• » Percentage share of par