Documents that a broker-dealer has to hold for 3 years.
PESTT - public comms, employee records, statements, trade confirmations, trial balances.
Documents that a broker-dealer has to hold for 4 years.
No acronym, there’s only ‘customer complains’, according to FINRA.
Documents that a broker-dealer has to hold for 5 years.
SARC CIP (pronounced ‘sark sip’) - suspicious activity reports, currency transaction reports, customer identification program
Documents that a broker-dealer has to hold for 6 years.
BlottCAR - Blotters, customer account records.
Documents that a broker-dealer has to hold forever.
SPAM - stock certificates, partnership agreements, articles of incorporation, meeting minutes.
You’ll just have to remember that FINRA and the MSRB disagree as to how long you’ve got to hold on to customer complaints (4 and 6 years, respectively).