SEC Rule 204-2

Requires investment advisers to make and keep true, accurate and current books and records relating to their investment advisory business.

Rule Overview

Jurisdiction: United States

Regulator: SEC

Topic: Recordkeeping

Latest News

Records to be kept include:

Rule 275.204-2(1)
Journal including records forming the basis of entries in any ledger
Rule 275.204-2(2)
General and auxiliary ledgers
Rule 275.204-2(3)
Memorandum of each order
Rule 275.204-2(4)
All check books, bank statements, etc.
Rule 275.204-2(7)
Originals of all written communications received and copies of all written communications sent relating to recommendations or advice, etc.