FINRA Rule 4511 provides general recordkeeping requirements for FINRA’s financial and operational rules. These recordkeeping requirements clarify that firms are required to:
(1) make and preserve books and records as required byt the Securities Exchange Act (SEA), applicable SEA rules, and FINRA; and
(2) preserve books and records required to be made per FINRA rules in a format complying with SEA Rule 17a-4.
FINRA Rule 4511(b) requires firms to retain FINRA records and books, which do not have a specified retention period under FINRA rules or applicable Exchange Act rules, for at least six years.
FINRA Rule 4511(c) requires firms to retain books and records pursuant to FINRA in a format and media complying with SEA Rule 17a-4.