Category: PRESERVING ELECTRONIC COMMUNICATIONS

Regulatory authorities typically require entities to preserve electronic communications for specified periods to ensure compliance with legal and regulatory standards. These requirements encompass various facets: retention duration, which varies based on jurisdiction and the type of communication (e.g., financial transactions, customer interactions); integrity and accessibility of stored data, ensuring it remains unaltered and readily retrievable for audit or investigative purposes; security measures to protect against unauthorized access or tampering; and adherence to specific formats or metadata inclusion to facilitate audit trails. Compliance often necessitates robust data management policies and systems capable of archiving, indexing, and retrieving electronic communications promptly upon request, ensuring transparency and accountability in regulated industries such as finance, healthcare, and telecommunications.

SEC-PR-2024-44

File ID:  SEC-PR-2024-44 Date:  April 3, 2024 Accessed:  July 4, 2024 Headline:  Securities and Exchange Commission Charges Advisory Firm Senvest Management with Recordkeeping and Other Failures Source:  https://www.sec.gov/newsroom/press-releases/2024-44 Categories: INVESTMENT ADVISORS PRESERVING ELECTRONIC COMMUNICATIONS RECORDKEEPING FAILURES UNAPPROVED COMMUNICATION METHODS SEC-PR-2024-44 – Viewer: ▼▼▼ (Download PDF File )

SEC-PR-2024-18

File ID: SEC-PR-2024-18 Date: February 9, 2024 Accessed: July 2, 2024 Headline:  Sixteen Firms to Pay More Than $81 Million Combined to Settle Charges for Widespread Recordkeeping Failures. The Huntington Investment Company self-reported and was ordered to pay lower civil penalty than other firms. Source: https://www.sec.gov/news/press-release/2024-18 Categories: RECORDKEEPING FAILURES PRESERVING ELECTRONIC COMMUNICATIONS SEC-PR-2024-18 – Viewer: […]