FINRA Email Archiving making sure you are fully compliant with FINRA email archiving regulations

Importance of FINRA Email Archiving

Despite the start-up costs associated with FINRA Email Archiving, maintaining compliance can save your organization money in both the short-term and long-term, especially with the appropriate system in place and running well.

FINRA takes the task of records retention seriously – a strong hint that your organization should do so as well. The task requires working with seasoned professionals who know the ins and outs of FINRA compliance. Do the research and find a company with experience and positive reviews with helping clients be FINRA compliant.

FINRA has made it clear that email archiving and data retention are mission-critical. However, knowing exactly how email is supposed to be handled poses a big challenge.

What are regulators looking for?

Should companies go with an in-house or outsourced solution?

FINRA requires that firms create written policies and procedures detailing their email retention and compliance system. The purpose is to ensure the adequacy of the drafted procedures. If a firm fails to test their own policies there is the implied threat that FINRA will step in and investigate and the penalties can be severe.