Capture all content regardless of platform or technology in a legally admissible format.
Archiving that exceeds MiFID II, FINRA, SEC and GDPR financial regulations.
All data archived in your jurisdiction to ISO standards.
"Records shall include the recording of telephone conversations or electronic communications relating to, at least, transactions concluded when dealing on own account and the provision of client order services that relate to the reception, transmission and execution of client orders."
MiFID II Article 16 introduces new requirements for financial services firms to record all electronic communications with their clients - including information provided through websites and social media. Get a free trial archive from MirrorWeb and find out how we can help you become compliant.
Every firm that intends to communicate, or permit its associated persons to communicate, through social media sites must first ensure that it can retain records of those communications as required by Rules 17a-3 and 17a-4 under the Securities Exchange Act of 1934 and NASD Rule 3110. SEC and FINRA rules require that for record retention purposes, the content of the communication is determinative and a broker-dealer must retain those electronic communications that relate to its "business as such".
Every member, broker and dealer subject to §240.17a-3 shall preserve for a period of not less than six years, the first two years in an easily accessible place, all records required to be made pursuant to paragraphs §240.17a-3(a)(1), (a)(2), (a)(3), (a)(5), (a)(21), (a)(22) and analogous records created pursuant to paragraph §240.17a-3(f).
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