thommo77

good to know! thanks sir.

mik82

Why wouldn't they make the asset manager code 7 as well? The AMC states "unless otherwise required by local law or regulation, managers should keep records for at least 6 years" I cant stand these little inconsistencies
CFAI
Appendix 6 pg 277

Darien

yeah... check the errata.

no more 6 years!! even asset manager code is 7 years now!!!

pennyless

volume 1 question 60.
Vinken's policy is to maintain 5 years of records and the answer has this as correct.

is it only becuase he was manager for only those five years - do you not have to keep docs from prior managers?

PalacioHill

7 years is a recommendation...

mcmc

Ok, good to know. Asset Manager is 7 - just finished rereading that on the bus this morning and wondered why it was 6.

7.

thommo77

If you read the actual AMC it says 7.

NO EXCUSES