Record Retention Requirements Flashcards
1
Q
Recordings of telephone conversations of firms required to record calls.
A
Three Years
2
Q
Information obtained to verify a customer’s identity.
A
Five Years
3
Q
WSPs
A
Three Years
4
Q
Customer Account Records
A
Six Years
5
Q
Blotters
A
Six Years
6
Q
Fingerprint Cards of Terminated Personnel
A
Three Years
7
Q
FinCEN Form 112 Filings
A
Five Years
8
Q
Subsidiary Ledgers
A
Three Years
9
Q
Associated Persons’ Compensation Records
A
Three Years
10
Q
Trial Balances
A
Three Years
11
Q
Organizational Documents (Form BD and amendments)
A
Lifetime
12
Q
List of every office where each associated person regularly conducts business.
A
Three Years
13
Q
Principal Designation
A
Six Years
14
Q
SAR Filings
A
Five Years
15
Q
Form U5
A
Three Years
