Series 51: Six-Year Minimum Requirement

Taken from our Series 51 Online Guide

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
  • 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 partic

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