SEC Wants Your Thoughts on Keeping Broker Records for Five Years
Published Date: 7/28/2025
Notice
Summary
The SEC is asking for comments on extending a rule that makes 38 financial groups keep important business records for at least five years, with the first two years easy to access. These groups spend about 2,000 hours yearly to follow this rule, which helps the SEC keep things transparent and fair. No big changes or costs are planned, just a smooth continuation of record-keeping duties.
No Economic Impacts Identified for this Document
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