Missouri Code of State Regulations › Title 15 - ELECTED OFFICIALS › Division 30 - Secretary of State › Chapter 59 - Registration and Operations of Commodity Broker-Dealers and Sales Representatives › Section 15 CSR 30-59.150 - Records Required of Broker-Dealers and Sales Representatives

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule prescribes the books and records
				  to be kept by broker-dealers and sales representatives.
(1) Every broker-dealer shall make and keep
				current the following books and records relating to his/her business (provided,
				however, that compliance with the requirements of the Commodity Futures Trading
				Commission or Securities and Exchange Commission with respect to maintenance of
				books and records shall be deemed to be compliance with this rule):
(A) Blotters (or other records of original
				entry) containing an itemized daily record of all purchases and sales of
				commodities, all receipts and deliveries of commodities, all receipts and
				disbursements of cash and all other debits and credits. This record shall show
				the account for which each such transaction was effected, the type and amount
				of commodities, the unit and aggregate purchase or sale price (if any), the
				trade date and the name or other designation of the person from whom purchased
				or received or to whom sold or delivered;
(B) Ledgers (or other records) reflecting all
				assets and liabilities, income and expense and capital accounts;
(C) Ledger accounts itemized separately as to
				cash and margin account of every customer and of that broker-dealer, its
				partners, agents and employees, all purchases, sales receipts and deliveries of
				commodities for that account and all other debits and credits to that
				account;
(D) Ledgers (or other
				records) reflecting the following:
1.
				Commodities in transfer;
2.
				Appreciation or depreciation on investment;
3. Commodities borrowed and commodities
				loaned; and
4. Moneys borrowed and
				moneys loaned (together with a record of the collateral and substitutions in
				that collateral);
(E) A
				memorandum of each brokerage order and of any other instruction, given or
				received for the purchases or sale of commodities, whether executed or
				unexecuted. This memorandum shall show the terms and conditions of the order
				and of any other instruction, given or cancellation of, the account for which
				entered, the time of entry, the price at which executed and, to the extent
				feasible, the time of execution or cancellation. Orders entered pursuant to the
				exercise of discretionary power by the broker-dealer or any employee shall be
				so designated. The term instruction shall include instructions between partners
				and employees of a broker-dealer. The term time of entry shall mean the time
				when the broker-dealer transmits the order or instructions for execution or, if
				it is not so transmitted, the time when it is received;
(F) A memorandum of each purchase and sale of
				commodities for the account of the broker-dealer showing the price and, to the
				extent feasible, the time of execution;
(G) Copies of confirmations of all purchases
				and sales of commodities, copies of all memoranda forwarded to purchasers
				executing unsolicited orders and copies of all other debits and credits for
				securities, commodities, cash and other items for the account of customers and
				partners of the broker-dealer; and
(H) A record in respect of each cash and
				margin account with the broker-dealer containing the name and address of the
				beneficial owner of the account and, in the case of a margin account, the
				signature of the owner; provided that, in the case of a joint account or an
				account of a corporation, these records are required only in respect of the
				person(s) authorized to transact business for the account.