The Securities and Exchange Commission (the "SEC") recently adopted amendments to its broker-dealer books and records rules – Rules 17a-3 and 17a-4 under the Securities Exchange Act of 1934 (the "New Rules"). These New Rules are designed to clarify and expand certain recordkeeping requirements, including those regarding purchase and sale documents, customer account information, records concerning associated persons and customer complaints. They also require broker-dealers to maintain or promptly produce certain records at the particular office to which they relate.