An independent assessment firm validated that Azure and Office 365 can help financial firms meet the records retention and immutable storage requirements of SEC Rule 17a-4, SEC Rule 18a-6, FINRA 4511, & CFTC 1.31.
The question of who is required to have aFINRA general securities principal registrationcan get complicated. In a FINRA new member application (also called an NMA), the requirements are relatively simple. If you supervise the business or other persons doing the business, you must be registered as...
The question of who is required to have aFINRA general securities principal registrationcan get complicated. In a FINRA new member application (also called an NMA), the requirements are relatively simple. If you supervise the business or other persons doing the business, you must be registered as...
SEC Rule 17a-4 is part of the US Securities Exchange Act of 1934 and outlines requirements for data retention, indexing, and accessibility for companies which deal in the trade or brokering of financial securities such as stocks, bonds, and futures. Records of certain transactions must be retain...
Supervision:FINRA reminds firms that pursuant to FINRA Rule 3110 (Supervision) firms must develop reasonably designed supervisory systems appropriate to their business model and scale of operations, including, if applicable, outsourcing.[6] Registration:FINRA reiterates that firms s...
(f)") for the securities broker-dealer industry and 17 CFR § 240.18a6(e)(2) ("Rule 18a-6(e)") for security-based swap (SBS) dealers and major security-based swap participants, the SEC stipulates requirements for electronic recordkeeping systems. Effective January 3, 2023, the amended ...
An independent assessment firm validated that Azure and Office 365 can help financial firms meet the records retention and immutable storage requirements of SEC Rule 17a-4, SEC Rule 18a-6, FINRA 4511, & CFTC 1.31.
Microsoft Azure Immutable Blob Storage with Policy Lock and Microsoft Office 365 with Preservation Lock can help financial institutions meet the immutable storage requirements of SEC Rule 17a-4(f)(2)(i)(B).The most recent update to the rule, published on November 3, 2022, introduced a new ...