17a-4 llc’s D3P Service Now Bundles FINRA 3130 Tests

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e-compliance and litigation expertise

... beyond typical D3P services offered on the market. Compliance and Legal can now have verifiable and defensible proof that their storage solution conforms to policy.

Millbrook, NY (PRWEB) June 28, 2012

17a-4 llc, an e-messaging compliance and e-Discovery firm, continues to enhance its compliance services by bundling documentation and testing into a single cost-effective offering. SEC Rule 17a-4(f)(3)(vii) requires all broker/ dealers to have a Designated Third Party (D3P) to provide assistance to a regulator when asked. 17a-4’s standard Letter of Undertaking / Attestation service will be incorporated effective July 1, 2012 for all 17a-4 clients with current D3P coverage.

FINRA rule 3130 addresses the Annual Certification of Compliance and Supervisory Procedures, requiring the ability to periodically test the effectiveness of a financial institutions’ archive to ensure ongoing compliance to laws and regulations imposed. Clients that engage 17a-4 for D3P service are provided an Annual Review, a document of current policy and procedures in place, to assure compliance with governing rules and regulations. Specifically, this document now includes a thorough technical testing of the archival infrastructure. This enhancement goes beyond typical D3P services offered on the market. Compliance and Legal can now have verifiable and defensible proof that their storage solution conforms to policy.

17a-4 llc is an e-messaging compliance and e-Discovery consultant focusing on information governance solutions with 10+ years of expertise and 500+ financial and corporate clients. “By incorporating Rule 3130 archive testing review into our standard D3P documentation and certification, our clients can cost-effectively address both of their annual archive requirements. For many legal and compliance officers, one of the biggest concerns is the exposure that technology creates when complying with financial industry regulations. 17a-4’s expertise, with both technology infrastructure and compliance ‘best practices’, allows our D3P clients to effectively address this concern.” offers Charles Weeden, Managing Partner, 17a-4 llc. For more information contact 17a-4 llc (212) 949-1724 or email khayes(at)17a-4(dot)com.

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