FINRA's premier event—the Annual Conference provides the opportunity for practitioners, peers, and regulators to exchange ideas on today's most timely compliance and regulatory topics. The conference offers industry professionals a variety of sessions related to current trends in technology, cybersecurity, risk management and much more.
Since last year's conference, there have been changes to the compliance rules around the storage of electronic media. The SEC 17a-4 final rule, updated under SEC 18a-6, modifies requirements regarding the use of third-party recordkeeping services to hold records. Broker-dealers and security-based swap (SBS) entities can now designate a third party to make the required undertakings or appoint a Designated Executive Officer (DEO).
That’s why we’ll be at the FINRA Annual Conference on May 16-18 to provide guidance and information on our Designated Third-Party (D3P) Compliance Service.
Our Designated Third-Party (D3P) Compliance Service is used to meet regulatory requirements around the storage of electronic media and help you make sure you’re fully in compliance with SEC Rule 17a-4(f)(3)(v)(A) and 18a-6 (e)(3)(v)(A).
NCC Group is an independent third party that can access records in the event of an audit or request if the broker-dealer or transfer agent is unable or unwilling to furnish the information. This serves as a safeguard for our financial system.
Our comprehensive D3P service is available for all types of electronic records, including COLD (Computer Output to Laser Disk), back office, imaged, and transactional, as well as email and messaging communications. It offers compliance for an extraordinarily broad range of document management applications, including client-server to mainframe systems.
Records can be stored in-house or offsite and on any type of WORM (Write Once, Read Many) media.Equally important, the Designated Third-Party Compliance service offers options so you can choose the best solution to fit your needs.
Join us to discuss how we can help you meet regulatory compliance.
We look forward to meeting you at Booth #37 or in our virtual booth.
