Series 63 practice questionmediumrecordkeeping
Which of the following is NOT a required record under the USA for an IA?
- AOriginals of all written client complaints
- BA list of securities transactions for each client
- CPersonal tax returns of the adviser's principal✓ Correct answer
- DBank statements for client trust accounts
Explanation
Why C — Personal tax returns of the adviser's principal
Personal tax returns of advisory principals are not required records. All others are required under Rule 204-2.
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