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Rules

SEC Rule 204-2

Requires investment advisers to make and keep true, accurate and current books and records relating to their investment advisory business.

Rule Overview

Jurisdiction: United States

Regulator: SEC

Topic: Recordkeeping

Overview
Latest News

Records to be kept include:

Rule 275.204-2(1)
Journal including records forming the basis of entries in any ledger
Rule 275.204-2(2)
General and auxiliary ledgers
Rule 275.204-2(3)
Memorandum of each order
Rule 275.204-2(4)
All check books, bank statements, etc.
Rule 275.204-2(7)
Originals of all written communications received and copies of all written communications sent relating to recommendations or advice, etc.
Latest News More on IAA 1940 Rule 204