Final answer:
A broker is required to keep records for a minimum of 6 years from the termination of a transaction.
Step-by-step explanation:
A broker is required to keep records for a minimum of 6 years from the termination of a transaction.
This requirement is stated in the Securities Exchange Act of 1934, which regulates the securities industry in the United States.
The purpose of keeping records for this length of time is to ensure compliance with regulatory requirements and allow for the auditing and investigation of transactions if necessary.