Every registered agent shall have and keep current the following records relating to customer securities transactions, unless the director by order exempts an agent from all or part of the requirements of this part:

1. A. the customer information form as set forth in Subsection J of 12.11.3.9 NMAC;
2. B. a securities holding record for each customer including the customer's name, address, telephone number, age, occupation, investment objectives and a chronological listing of the names and amount of all securities purchased or sold for the account of the customer, including the date of each transaction, and the unit purchase or sale price; and

3. C. the record requirements may not be satisfied by maintaining a file of confirmations unless permitted by order of the director.

   HISTORY OF 12.11.3 NMAC:

   Pre-NMAC History: Material in this part was derived from that previously filed with the commission of public records - state records center and archives:

   FID 67-1, Regulation 67-62, General Requirements, filed 5-18-67.

   FID 76-1, Order 76-64, Regulation 76-1, Relating to Options Clearing Corporations, filed 3-26-76.

   SD Rule 84-1, New Mexico Blue Sky Regulations, filed 9-5-84.

   SB Rule 86-3.03, Broker-Dealers’ Records, filed 7-11-86.

   SB Rule 86-3.04, Sales Representatives Records, filed 7-11-86.

   History of Repealed Material:

   12 NMAC 11.2 Subpart 6, Broker-Dealer Records and 12 NMAC 11.2 Subpart 7, Sales Representatives Records (filed 4-19-99) repealed 1-1-2010.

   Other History:

   SB Rule 86-3.03, Broker-Dealers’ Records (filed 7-11-86) and SB Rule 86-3.04, Sales Representatives Records (filed 7-11-86) were renumbered into first version of the New Mexico Administrative Code as 12 NMAC 11.2, Broker-Dealers and Sales Representatives, effective 5-1-99.

   Those relevant portions of 12 NMAC 11.2, Subpart 6, Broker-Dealer Records and Subpart 7, Sales Representative Records (filed 4-19-99) were renumbered, reformatted and replaced by 12.11.3 NMAC, Broker-Dealer and Agents Records, effective 1-1-2010.

[12.11.3.15 NMAC - Rp, 12 NMAC 11.2.7, 1-1-2010]