Firms Face IM Compliance Issues

- WatersTechnology Staff
- 28 Apr 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Financial services firms are paying close attention to SEC rules 17a-3 and 17a-4, which go into effect on May 2 and will likely have repercussions on the use of instant messaging (IM).

The rules concern the retention of broker records and don’t specifically refer to IM. However, in a March 5 memo, the New York Stock Exchange (NYSE) recommended that member organizations consider instant messages to be covered as one type of communication that must be retained.

Any rules that do cover the use of IM

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com