N.M. Admin. Code § 12.11.3.12

Current through Register Vol. 35, No. 21, November 5, 2024
Section 12.11.3.12 - BROKER-DEALER PRESERVATION OF BRANCH OFFICE RECORDS

The records required in 12.11.3.11 NMAC shall be preserved at the branch office for a period of not less than five years, the most recent two years in an easily accessible place, except that customer new account forms shall be preserved for a period of not less than three years after the closing of the account. After a record or document has been preserved for one year as required under this subsection, a microfilm copy thereof may be substituted for the remainder of the required period.

N.M. Admin. Code § 12.11.3.12

12.11.3.12 NMAC - Rp, 12 NMAC 11.2.6.5, 1-1-2010