Tag Archives: Recordkeeping

SEC Staff Issues Guidance on Third-Party Recordkeeping Services

The Securities and Exchange Commission  (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) have restated the importance of broker/dealers doing due diligence on third-party service providers, especially where the firm relies on a third-party for maintenance of the books and records of the firm.  In FINRA Regulatory Notice 18-31, FINRA advised its members that the … Continue reading SEC Staff Issues Guidance on Third-Party Recordkeeping Services