Record Keeping

Securities dealers must keep the following records:

  • Large cash transaction reports.
  • Signature cards.
  • Account operating agreements.
  • Client corporate records.
  • Account holder information.
  • Account applications.
  • Confirmations of transactions.
  • Guarantees.
  • Trade authorizations.
  • Powers of attorney.
  • Joint account agreements.
  • Client correspondence regarding the operation of accounts.
  • Account statements.
  • Suspicious transaction reports.
  • Beneficial ownership records.