Series 79: Records To Be Kept Current “As To Each Office”

Records To Be Kept Current “As to Each Office”

Broker-dealers must also generate several other categories of records for which the rules do not specify a retention period. However, these records must be kept current “as to each office,” not just for the firm as a whole. (This “each office” requirement also applies to itemized daily records of securities transactions, order memoranda, memoranda of transactions for the broker-dealer’s account, employment applications, and customer account records.) Such records include:

• • Records of all agreements pertaining to the relationship between the broker-dealer and each associated person, including a summary of t