Prohibited Books-and-Records Conduct

What this video covers

• Why falsification includes causing a record to be inaccurate, not just actively altering it with intent to defraud
• How the accurate record requirement applies to transactions, cash movements, securities movements, account activity, and financial condition
• Why a false or incomplete entry defeats the requirement for complete, current books and records
• What improper maintenance covers: failing to make required records, failing to keep them current, or failing to maintain required detail
• Why a record missing just one required field is considered incomplete, even when 99% of the record is otherwise flawless
• What improper retention means: destroying, deleting, concealing, or making a record inaccessible before the applicable preservation period ends
• Why a record hidden in ceiling tiles violates retention rules exactly as if it were burned, and when a compliant preserved or reconstructible record saves you