Recordkeeping

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A guide to how FINRA 4511 works

Explore the intricacies of financial industry regulations and navigate the landscape of record-keeping requirements seamlessly. Trust Global Relay for expert solutions ensuring your organization stays in compliance with FINRA Rule 4511, safeguarding your communication practices in the financial sector.

Compliant communications Q&A: 4 ways to combat common challenges

Compliant communication – what makes it so difficult to control? Financial experts unpack the challenges that coincide with communications, especially when contending with new channels and rigorous regulatory enforcement, and answer pressing questions on how best to navigate them.

Will the FCA crack down on WhatsApp? What happened and what’s next

Multiple U.S. and U.K. regulators have taken enforcement action against firms for off-channel communications on WhatsApp, however, the primary U.K. regulator is yet to make it a clear priority. What can we expect from the Financial Conduct Authority (FCA) going forward?

What do the SEC enforcement results tell us about compliance trends?

With the Securities and Exchange Commission releasing its annual enforcement results, we explore what they convey about regulatory priorities over the last year – and for the year to come.

Regulatory Wrap Episode 9: Navigating Compliance Across Messaging Channels

In Regulatory Wrap for the week to October 13, we reflect on a recently issued SEC fine against a former industry analyst for insider dealing on Xbox audio.

What is SEC Rule 18a-6? Ensure you are ready for implementation

Last year, SEC Rule 18a-6 was amended alongside Rule 17a-4, marking the first time SBSDs and MSBSPs became subject to regulatory requirements around electronic recordkeeping. As the compliance date for this rule approaches, what steps do swap-dealers and participants need to take to ensure regulatory compliance?

CFTC Commissioner urges regulatory reforms to keep pace with technology

CFTC Commissioner Christy Goldsmith Romero’s recent remarks on keeping pace with evolving technologies like social media and AI highlight their ability to assist regulators by strengthening protection, broadening financial information outreach, and easing accessibility.

Working as Advertised – SEC Marketing Rule enforcements hit nine firms with $850,000 in fines

The SEC has charged nine RIAs with breaching its Marketing Rule by advertising ‘hypothetical performance’ to the general public. With fines totalling $850,000 the regulator is making it clear that the answer to ‘are we compliant?’ should never be a hypothetical.

Regulators throw the book at Goldman Sachs and Citigroup for recordkeeping failures

Enforcement actions from the SEC and CFTC against Citigroup and Goldman Sachs showcase that compliant recordkeeping is high on the regulatory agenda.

Regulatory Wrap Episode 3: Ofgem Fines Morgan Stanley, WhatsApp Ban Backfires

In Regulatory Wrap for the week to August 25, 2023, we take a look at Ofgem's £5 million fine to Morgan Stanley for recordkeeping failures.

Setting the record straight on retention: How to appropriately capture data and fulfill regulatory requirements

It is well known that record retention is central to financial industry operations - but best-practice makes perfect. Our guide will help your organization abide by regulatory requirements and confirm data is being managed, secured, and archived.