Series 7 Exam Question 143: Answer and Explanation

Question: 143

Corporate and partnership documents must be kept by a brokerage firm for

• A. a minimum of 2 years
• B. a minimum of 3 years
• C. a minimum of 6 years
• D. the lifetime of the firm

Correct Answer: D

Explanation:

D. All corporate and partnership documents must be kept for the lifetime of the firm.