FINRA Rule 7440: Recording of Order Information

FINRA Rule 7440(a)(4) describes what records must be maintained by FINRA Reporting firms regarding orders received or executed at its trading department. These records must include identification of:
(1) each registered person receiving the order directly from a customer;
(2) each registered person executing the order; and
(3) the department originating the order if it was originated by a member and transmitted manually to another department.

Under FINRA Rule 7440(a)(5) these records must be maintained for the period of time laid out in SEA Rule 17a-4(b).

Link to Rule: http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=4434

Helpful Link: http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=10105