Record-retention obligations require portfolio managers to preserve books of account and specified records and documents for the prescribed period. Portfolio managers must comply with a minimum five-year preservation requirement for all books of account and the other records and documents covered by ... Summary
Record-retention obligations require portfolio managers to preserve books of account and specified records and documents for the prescribed period.
Portfolio managers must comply with a minimum five-year preservation requirement for all books of account and the other records and documents covered by the relevant chapter. The specified materials must be retained for at least five years as part of the general obligations and responsibilities applicable to portfolio managers. The requirement extends to every book, record, and document falling within the chapter's stated scope.
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