Series 50: Recordkeeping Requirements

Recordkeeping Requirements

In addition to submitting reports to the MSRB about political contributions, dealers and advisors must also maintain records of political contributions. These records must include a list of:

• • Names, addresses, and titles of the dealer’s MFPs or the advisor’s MAPs
• • Names, addresses, and titles of the dealer’s non-MFP executive officers or the advisor’s non-MAP executive officers
• • States in which the dealer or advisor seeks to engage in municipal securities business

Records for the current calendar year and each of the two previous years must also include a list of:

• • All the issuers with which the dealer or advisor has dealt in municipal securities business or municipal advisory business
• • All contributions made to officials of an issuer or political party by the dealer or advisor
• •