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Blockchain is Coming to Data Management

Blockchain is Coming to Data Management

BLOCKCHAIN IS COMING TO DATA MANAGEMENT

If you haven’t noticed, blockchain, cryptocurrency, and Ethereum have infiltrated the tech and investment industries. But the new technology has already started to infiltrate other sectors, adding serious value to a company’s management and security practices. So what do these Internet-based technologies have to do with...

Why You Should Worry About Rule 17a-4

Why You Should Worry About Rule 17a-4

17a-4

Last April we talked about how to comply with Rule 17a-4(f) under the Securities Exchange Act (SEA). But because many firms still aren’t correctly fulfilling the regulation’s requirements, we figured it’s time for an update.

The US Securities Exchange Commission, pursuant to its regulatory authority of the under the US Securities Exchange Act of 1934 (outlining data retention and accessibility requirements), issued Rule 17a-4(f) in 1997 requiring broker-dealers, who store records and required books in an electronic format, to comply with precise regulations. For example, part of the regulation states...

5 Steps to Addressing a FOIA Request

5 Steps to Addressing a FOIA Request

Last month, we discussed what government agencies need to know concerning to a FOIA request (including the rules, regulations, and responsibilities you have to follow).

A FOIA request can be extremely broad or painfully precise; it’s all up to the person or entity requesting the information. But it’s something you must put at the top of your priority list, if one comes in, as any type of litigation or government-related work usually has a very...

FOIA 101 What Government Agencies Need to Know

FOIA 101 What Government Agencies Need to Know

At its core, the Freedom of Information Act (FOIA) gives individuals a legally enforceable right to access government information. Last year, there were more than 788,769 FOIA requests, and agencies are struggling to keep up (over 115,000 requests are...

How to Comply with Rule 17a-4

How to Comply with Rule 17a-4

In January, the Financial Industry Regulatory Authority (FINRA) released its 2017 Annual Regulatory and Examination Priorities Letter to inform firms about weaknesses in regulatory programs and ways they can strengthen “compliance, supervisory and risk management controls to protect investors, the markets and themselves.”

One area the letter pointed to was the failure of many firms to comply with Rule 17-a4(f) under the Securities Exchange Act (SEA), which “requires firms to...