Series 7 practice questionmediumSeminars and Public Appearances — Recordkeeping
A representative conducts a live seminar and distributes slides outlining specific investment strategies. According to FINRA, how long must the broker-dealer retain records of these materials?
- A5 years from the date of last use
- B3 years from the date of last use✓ Correct answer
- C1 year from the date of last use
- DIndefinitely
Explanation
Why B — 3 years from the date of last use
FINRA requires broker-dealers to retain retail communication materials, such as seminar slides, for at least three years from the date of last use.
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