Time-Stamping Requirements

What this video covers

• Why every customer order gets exactly two time stamps, not one, and what happens to a firm's compliance if it captures only one
• The exact moments that trigger the receipt stamp and the execution stamp, and how they bracket the order's journey from customer to market
• Why the written order record must be prepared and stamped immediately upon receipt, and what "later from memory" means on the exam
• How the two-stamp audit trail prevents front running, reordering, and delay crimes against customer orders
• The five-year retention requirement for order records and how regulators use it for backward-looking enforcement
• Every classic wrong-answer pattern the Series 3 test writers use to bait you on this topic