Khung pháp lýCâu 385 / 398
Under general recordkeeping rules of the Securities Exchange Act of 1934, certain fundamental broker-dealer records, such as blotters and ledgers, must generally be retained for a minimum of:
a.1 year
b.2 years
c.3 years
d.6 years
Giải thích
SEC Rules 17a-3 and 17a-4 set recordkeeping and retention requirements for broker-dealers. Certain core records such as blotters, general ledgers, and customer account records must generally be retained for at least six years, with the first two years in an easily accessible place. Other records have shorter retention periods, such as three years.
Trích dẫn luật: Securities Exchange Act of 1934Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A candidate wants to sell mutual funds and variable annuities but not general equities or options. In addition to the SIE, which qualification exam is the appropriate 'top-off' for this limited scope?
- A member firm receives a written customer complaint alleging misconduct by a registered representative involving the customer's funds. What is the firm's general obligation regarding this complaint?
- Which statement about the relationship between FINRA and the SEC is most accurate?
- A newly hired individual will supervise the firm's general securities sales activities and approve new accounts. To act as a supervisor, this person must typically qualify as a:
- A registered representative gives a client four tickets to a concert worth $80 total as a thank-you related to their business relationship. Under the FINRA gift rule, this gift is:
- How does the Form U5 filed by a departing representative's firm affect the individual's ability to move to a new member firm?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra