What is SEC Compliance?

SEC stands for Securities and Exchange Commission. It refers to the adherence to regulations set forth in the United States. Adherence is important for organizations in the financial industry, such as investment firms, broker-dealers, and publicly traded companies.

The Commission’s enforcement staff conducts investigations into possible violations of the federal securities laws. Then, litigates the Commission’s civil enforcement proceedings in the federal courts and in administrative proceedings

The SEC has specific rules and regulations regarding the retention and preservation of certain types of data. This includes financial records, communications, and trading data. In the case of businesses, the regulations are in place to ensure transparency, accountability, and the protection of investors. Many are not aware of the importance to be compliant and, as a result, can find themselves suddenly in a lot of hot water.

What happens if you violate SEC rules?

A person who violates the court’s order may be found in contempt and be subject to additional fines or imprisonment. Administrative action: The Commission can seek a variety of sanctions through the administrative proceeding process. [Read more on the SEC website]

Civil Action: A person who violates the court’s order may be found in contempt and be subject to both additional fines and or imprisonment.

Administrative Action: The Commission can seek a variety of sanctions through the administrative proceeding process.

Undoubtedly, this is reason enough to look for ways to protect yourself, your data, and your business.

MessageWatcher.com helps organizations achieve SEC compliance

We do so by providing a secure and efficient way to store and manage the required data. These solutions include encryption, access controls, and audit trails to ensure the integrity and confidentiality of the archived data. By implementing a robust archiving solution, you and your company demonstrates compliance with SEC regulations and therefore avoids potential penalties or legal issues.