CRITICON COMPLIANCE


Under SEC-17a, broker-dealers are required to retain sent and received communications, including:

  • interoffice memos
  • emails
  • sales training manuals
  • advertisements
  • and account records
    (for specified periods of time)

As the amount of these communications continues to escalate and as the requirements for retentions periods, security and accessibility continue to climb, keeping pace with these requirements is an overwhelming challenge.

Experts and analysts agree that these reporting requirements and controls apply to any and all processes, procedures, applications, systems and data involved in calculating and reporting on an organization’s financial information.