Broker-Dealer Recordkeeping
/ˈbroʊkər-dɪˌlər ˈrɛkərdˌkiːpɪŋ/
Definitions
- (n.) The practices and requirements imposed on broker-dealers to maintain and preserve records of all transactions, communications, and related documents to comply with securities regulations.
Broker-dealer recordkeeping ensures regulatory compliance and facilitates audits by financial authorities.
Forms
- broker-dealer recordkeeping
Related terms
See also
Commentary
Recordkeeping obligations are critical in the securities industry to ensure transparency and regulatory oversight, often dictated by rules such as SEC Rule 17a-4.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.