Series 7 practice questioneasyCold Calling Rules and Telemarketing — Recordkeeping Requirements
How long must firms retain records of their telemarketing policies and procedures?
- A2 years
- B3 years✓ Correct answer
- C5 years
- D1 year
Explanation
Why B — 3 years
Firms must retain records relating to telemarketing policies, procedures, and lists for at least three years.
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