What is the standard for record retention of client information, 5 years, electronic or hard copy? I keep seeing question's on this, but dont see it explicitly stated anywhere... anyone?
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