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Keeping Copies of Advertising

Question: 
I have copies of printed advertising copy and recorded advertising. Do I need to maintain records relative to the dates and media that was used for each item and if so, where can I find that requirement in the regs?
Answer: 

Answer by Andy Zavoina:

At a minimum I'd keep them exam to exam, unless you have further guidance. Reg. DD has a 2-year retention at 230.9.

Answer: 

Answer by Carolyn Jones:

To my knowledge there is no retention period specific to your question, however, it has been my practice to suggest 3 years because of the possibility of a customer's complaint. Again, this is my opinion with no stats or regs to site.

First published on BankersOnline.com 10/06/03

First published on 10/06/2003

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