21VAC5-20-310 - Reserve requirements and custody of customer funds and securities

21VAC5-20-310. Reserve requirements and custody of customer funds and securities

All broker-dealer applicants and registrants subject to the net capital provisions of 21VAC5-20-290 B shall be required to prepare and maintain such records and accounts as specified in, and to comply in all other respects with, the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934 (17 CFR 240.15c3 - 3).

(Derived from Rule 308, Case No. SEC810005, eff. July 1, 1981; amended by Case No. SEC890040, eff. July 1, 1989.)

Statutory Authority

ยง 13.1-523 of the Code of Virginia.

The following state regulations pages link to this page.