---
title: "Record whether a customer was sent a transaction confirmation"
url: "https://ailawframework.com/practice/financial-services-regulation/check-whether-a-retail-holder-was-given-confirmation-of-a-transaction/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A28-MA20261022-17-US"
practice_area: "Financial Services Regulation (AFSL/ASIC/credit)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Record whether a customer was sent a transaction confirmation

> From the trade record, record the security, the customer, the date of the transaction, and the date a writing was given or sent.…

Canonical page: https://ailawframework.com/practice/financial-services-regulation/check-whether-a-retail-holder-was-given-confirmation-of-a-transaction/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Financial Services Regulation (AFSL/ASIC/credit)](https://ailawframework.com/practice/financial-services-regulation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the trade record, record the security, the customer, the date of the transaction, and the date a writing was given or sent. Record whether the file describes the broker or dealer as acting as agent or as principal, and whether the account is on the alternative periodic-reporting arrangement in the rule. Do not decide that the writing contained every required item. |
| What the lawyer must review | The lawyer applies 17 CFR 240.10b-10. It is unlawful for a broker or dealer to effect for or with a customer's account any transaction in, or to induce the purchase or sale by the customer of, any security other than U.S. Savings Bonds or municipal securities, unless the broker or dealer, at or before completion of the transaction, gives or sends written notification disclosing the information in paragraph (a). That information includes the capacity in which the broker or dealer is acting. If it is acting as agent, the writing includes the remuneration from the customer unless that remuneration is determined under a written agreement otherwise than on a transaction basis, and, for an NMS stock, a statement whether payment for order flow is received and that the source and nature of the compensation for the particular transaction will be furnished on written request. Paragraph (b) allows transactions without the paragraph (a) notification if the stated conditions are met, including prior written notice that the information will be sent periodically, and a written statement within five business days after the end of each quarterly period for investment company and periodic-plan transactions, and after the end of each monthly period for the other transactions described in paragraph (b)(1). A customer does not include a broker or dealer. Information requested under the rule is given or sent within five business days of the request, or within 15 business days if the transaction was effected more than 30 days before the request. The eCFR page states the same at-or-before-completion requirement. The rule says its list is not the limit of what the antifraud provisions may require. |
| Written for | United States |
| Applies to | [Check whether a retail holder was given confirmation of a transaction](https://ailawframework.com/practice/financial-services-regulation/check-whether-a-retail-holder-was-given-confirmation-of-a-transaction.md) |

## Checking plan

- What the AI does: From the trade record, record the security, the customer, the date of the transaction, and the date a writing was given or sent. Record whether the file describes the broker or dealer as acting as agent or as principal, and whether the account is on the alternative periodic-reporting arrangement in the rule. Do not decide that the writing contained every required item.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- The ordinary timing is at or before completion of the transaction. Paragraph (b) is an alternative for accounts that meet its conditions.
- U.S. Savings Bonds and municipal securities are outside this section. Security futures products are addressed in paragraph (e), which the lawyer reads if the trade is a security future.

## Sources

- [17 CFR 240.10b-10, confirmation of transactions](https://www.law.cornell.edu/cfr/text/17/240.10b-10) (checked 2026-10-22)
- [17 CFR 240.10b-10, confirmation of transactions (eCFR)](https://www.ecfr.gov/current/title-17/section-240.10b-10) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*