Seven Essential Takeaways from FINRA Rule 3110 and SEC Rule 17a-4 on Electronic Records
FINRA Rules 3110 (a) and (b) require that any brokerage firm that operates under Financial Industry Regulatory Authority have protocols to supervise all employees, from the executives to the newest employee. The brokerage must also comply with SEC Rule 17a-4(f) to properly store electronic records.
InnReg compliance experts highlighted these seven takeaways.
Check if your brokerage meets all the requirements?