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Table of Contents » Title 21. Securities And Retail Franchising » Agency 5. State Corporation Commission, Division of Securities And Retail Franchising » Chapter 20. Broker-Dealers, Broker-Dealer Agents and Agents of the Issuer » Part IV. Broker-Dealer and Agent Regulations » 21VAC5-20-310. Reserve requirements and custody of customer funds and securities.

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Virginia Administrative Code
Title 21. Securities And Retail Franchising
Agency 5. State Corporation Commission, Division of Securities And Retail Franchising
Chapter 20. Broker-Dealers, Broker-Dealer Agents and Agents of the Issuer

11/21/2024

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).

Statutory Authority

§ 13.1-523 of the Code of Virginia.

Historical Notes

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

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