On Apr 4, 2005 12:44 PM, Graham Hadingham <
> One solution that no one has suggested so far is the idea of e-mail
> archiving with a third party provider as mentioned above. In the US this is
> actually mandatory for Broker-Dealer transactions.
Actually 17 CFR 240.17a-4 requires that broker-dealers that " using
electronic storage media for some or all of its records preservation"
have an arrangement with a third party that can independently provide
the SEC with access to the records upon request. This ensures that the
records are always accessible.
to read more about designated third party section see the following
report from Kahn Consulting
http://www.kahnconsultinginc.com/library/KCI-SEC-ThirdParty.pdf
--
Peter Kurilecz
Richmond, Va
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