Series 7: 14.8.2 Six-Year Records

14.8.2  Six-Year Records

Records of customer account information must be retained for up to at least six years after the information was last updated. Members also need to preserve a record of the last update to any customer account or the original account information if there were no updates for at least six years after the account is closed.

Records associated with blotters, ledgers, and securities must also be retained for six years. These items may be defined as follows:

• • Blotters. These are daily records containing itemized reports of all purchases an