Electronic Document Storage: Separating Compliance Reality from Rumors

Day, Jo
September 2007
Journal of Financial Planning;Sep2007 Supplement, Vol. 20, p6
Academic Journal
The article discusses compliance requirements for electronic document storage. The Securities and Exchange Commission (SEC) has different compliance requirements than the National Association of Securities Dealers (NASD). Registered Investment Advisors (RIA) are obligated to meet SEC requirements. SEC rules for electronic document storage are reviewed. A back-up schedule is recommended for data that is taken off-site to prevent loss or destruction, however the files must be proven to be unaltered in order to meet SEC requirements.


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