Breakout 6A – Understanding Books and Records Requirements

This session will focus on the process of learning the regulations and fundamental requirements of maintaining books and records. The panel will explore the practical aspects of creating a meaningful and usable record retention policy.

Learning Objectives:

  • Learn to manage recordkeeping and retention requirements under broker-dealer and investment adviser regulations, Securities Exchange Act 17(a)-3 and Investment Advisers Act Rule 204-2
  • Define an effective and comprehensive records retention program and discussing suggested best practices
  • Discuss current challenges of various technology systems offering record retention
  • Understand differing (corporate, legal, BD vs IA) record retention requirements