📝 SIE Exam Question of the Day — May 2, 2026

A client who has had an account with a broker-dealer for 20 years informs the firm that they are closing their account. For how long must the firm maintain the records related to this customer's account after the date of closing?

A) Three years from the date of the last transaction.

B) Four years from the date the account is closed.

C) Six years from the date the account is closed.

D) For the life of the firm.

💬 Drop your answer in the comments! The answer & explanation will be revealed tomorrow.

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Topic: Professional Conduct and Broker-Dealer Operations