E‐mail and instant messaging retention, review, and production

Abstract

The SEC and the SROs have demonstrated through the threat of significant enforcement action that the rules requiring the capture, retention, and review of e‐mail communications will be strictly enforced and, where violated, significant disciplinary penalties will be imposed. Securities firms must use automated technology to comply with such rules and establish, maintain, and enforce its supervisory system to ensure compliance. Moreover, until the SEC and the SROs have addressed the record‐keeping requirements for instant messaging, firms would be best advised to take a conservative view and attempt to capture the messages, if the available technology will allow it, or prohibit the use of such technology.

Citation

Wolk, M.D. (2002), "E‐mail and instant messaging retention, review, and production", Journal of Investment Compliance, Vol. 3 No. 3, pp. 13-18. https://doi.org/10.1108/joic.2002.3.3.13