Laws & RegulationsPregunta 93 de 110
Under the Uniform Securities Act, how long must an investment adviser generally retain required books and records?
a.For a specified minimum period, commonly five years, with recent years readily accessible
b.For only 30 days after account closing
c.No retention is required if records are electronic
d.Permanently, with no exceptions or format requirements
Explicación
State recordkeeping rules under the Uniform Securities Act generally require advisers to preserve required books and records for a set minimum period, commonly five years, with the most recent years kept easily accessible. Records may be maintained electronically if properly preserved. Adequate recordkeeping supports examinations and enforcement.
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