- A Dealer Member must maintain records for each account that includes:
- client account records,
- the name and address of the account guarantor, if applicable, and
- a signed trading authorization from the account holder authorizing a person, other than the account holder, to give trading instructions for the account, if applicable.
- The Registered Representative, Portfolio Manager or Associate Portfolio Manager responsible for an account must retain a current copy of each account application. This requirement can be satisfied by a Dealer Member maintaining the information in an electronic application accessible to the Registered Representative, Portfolio Manager or Associate Portfolio Manager.
A Dealer Member must maintain all client account records in accordance with the record retention requirements in section 3803.