Record Keeping Requirements of Broker-Dealers

Record Keeping Requirements of Broker-Dealers. A. Unless otherwise provided by order of the SEC, each broker-dealer registered or required to be registered under this Act shall make, maintain, and preserve books and records in compliance with SEC Rules 17a-3 (17 C.F.R. § 240.17a-3), 17a-4 (17 C.F.R. § 240.17a-4), 15c2-6 (17 C.F.R. § 240.15c2-6), and 15c2-11 (17 C.F.R. § 240.15c2-11). B. To the extent that the SEC promulgates changes to the above-referenced rules, broker- dealers in compliance with such rules as amended shall not be subject to enforcement action by the Division for violation of this Rule to the extent that the violation results solely from the broker-dealer’s compliance with the amended rule.