SEC Rule 17a-4 is the succinctly titled “Applicability of CFTC and SEC Customer Protection, Recordkeeping, Reporting, and Bankruptcy Rules and the Securities Investor Protection Act of 1970 to Accounts Holding Security Futures Products” It concerns itself with the types of records to be created and kept by brokers and dealers for security transactions The SEC, Security and Exchange Commission published Rule 17a-4 in 2003 to define strict requirements for storage of these electronic records for all its members…

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Rule 17a-4