Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 551  /  Sec. 551.30 What requirements apply to all transactions?

You must effect all transactions, including transactions excepted under Sec. 551.20, in a safe and sound manner. You must maintain effective systems of records and controls regarding your customers' securities transactions. These systems must clearly and accurately reflect all appropriate information and provide an adequate basis for an audit.