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Showing posts from February, 2019

Understanding FINRA Record Retention Rules

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FINRA in full stands for Financial Industry Regulatory Authority. While it sounds as though it is an agency that is part of the United States government, the truth of the matter is that it is not. It is a non-profit, independent organization that has been authorized by Congress to protect American investors. It is dedicated to the efficient as well as effective enforcement of regulations in the securities industry so as to protect individual investors and the integrity of the securities market. In short, this agency exists to ensure fair as well as honest securities exchange. The rule 4511 of FINRA includes general archiving requirements that broker-dealers must meet or comply with. This rule is based on the general record-keeping requirements of NASD Rule 3110 as well as NYSE 440 that clarifies that firms are supposed to do the following. First, they are supposed to make and preserve books and records under the FINRA record retention rules, the applicable SEA rules and the S

Reasons To Record Mobile Messages In Your Business

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Recording mobile messages in your business is a small and inexpensive way to monitor your business and implement changes. If done properly, it can provide you with a wealth of data that you can practically apply in numerous ways. If SMS text messages are a major component of your business and you are not using software to record mobile messages yet, just know that you are missing out on an easy opportunity to maximize your business practices. There are quite a number of reasons why recording mobile messages is a good idea. One, it can help you enhance your product or service. By sharing recorded text messages with specific team members in product management of R&D, you can help them to have a better understanding of how customers are using your product or service, what they like about it, and what could be improved. You can take all this invaluable and free information and translate it into products and services that will more effectively meet customer expectations. A

Important Things To Know About Public Records Archiving

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Public records archiving is a very important record management process that you should be familiar with if you are a business owner or employee. The consequences of not understanding the archiving processes of your business could pose serious problems in future. In a nutshell, archiving is the process whereby inactive information of any format is securely stored for long periods of time. The archived public records may or may not be used in the future, but nonetheless they should be stored until the end of their retention schedule. When you archive public records, it does not mean that you are deleting them or getting rid of them for good. The archived, inactive data can be made active again in future, as the implication of not being able to access information again sometimes dissuades firms from archiving their records. It is imperative that the archived records be readily available at a short notice when they are needed. The archived records can be stored on a variety of de