SIE

SIE

1. Retention

   • 3 Years
     • U-4 Form
   • 4 years
     • Customer Complaints
   • 6 Years
     • Customer New Account Forms
       • Stock Records
   • 5 Years
     • CTRs

2. Bonds

   • Bond prices move inversely to interest rates

3. FINRA

   • FINRA creates the rules to prevent pay to play

4. Money Laundering

   • Money Laundering phases = Placement > Layering > Integration
   • When a client does a lot of transactions that appear to have no meaning or benefit it could be taken as money laundering in the layering phase.

5. Options