Who falls under SEC 17a-4 jurisdiction?
SEC Rule 17a-4 is the policy of the U.S. Security and Exchange Commission that regulates the storage of communications for organizations who engage in the trading or brokering of securities. This amendment outlines the ways brokers and dealers must retain their records and communications that pertain to “purchase and sale documents, customer records, associated person records, customer complaints” and other related files.
What are SEC 17a-4 compliance requirements?
When retaining information, SEC 17a-4 requires organizations to undergo certain requirements to ensure an inedible record. For example, all documents must be saved in a write once, read many (WORM) format, a data copy must be archived in a secondary location, and records are to be kept for a minimum of six years. For a complete view of SEC requirements refer to their website, and to learn more about SEC 17a-4 compliance read the policy here.
ZL Tech for Compliance and Supervision
Learn how ZL Tech exceeds regulatory standards, including SEC 17a-4, for compliance and supervision
Crews and Associates SEC 17a-4 and FINRA compliance
Learn how this investment banking firm leveraged ZL Compliance Manager for their SEC 17a-4 compliance
ZL Compliance Manager
Explore how ZL Tech can fulfill regulatory requirements and reduce review times with full defensibility