Series 79: Three-Year Records

Three-Year Records

The following records must be kept for at least three years:

• • Detailed ledgers or records of transactions other than securities sales, purchases, or transfers (e.g., dividends or interest received, loans of money or securities, and securities in transfer)
• • Memoranda of every order or other instruction given or received for the purchase or sale of securities, whether or not the order was executed
• • Memoranda of each purchase or sale for the account of the broker-dealer
• • Copies of confirmations of purchases and sales of securities and notices of debits and credits for customers and partners
• • Records of each cash and margin account
• • Records of options in which the broker-dealer has a direct or indirect interest or has granted or guaranteed
• • Records of any internal