4 ms·
A tightly regulated securities broker is not going to be able to comply with your request to just go ahead and delete your account and all related data. Broker
by Kranar 5y ago
A tightly regulated securities broker is not going to be able to comply with your request to just go ahead and delete your account and all related data.
Brokerages are required by law to retain a great deal of records about all of their clients and to keep it for a minimum of at least 5 years. You don't get to just tell a broker that you used to engage in tightly monitored financial transactions that you want all your info deleted as if you were dealing with some kind of social network.