Get your copy of the legal opinion from Law Firm of Wiley Rein LLP for expert insight into SEC Rule 17a-3 and 17a-4 and how it affects financial industry records requirements for broker-dealers. Learn how this rule relates to the preservation of financial, communications, and other sensitive data, including how it requires broker-dealers to employ non-writeable, non-erasable—write once, read many (WORM)—compliant data storage solutions.
The opinion paper also provides you with details about Archive2Azure, the industry’s only Microsoft Azure WORM compliant, managed cloud archive solution that:
- Actively complies with SEC 17a-3 and SEC 17a-4
- Supports long-term archiving on the Microsoft Azure platform
- Proactively applies data retention and disposition policies
- Enforces corporate data management and regulatory policies
About the Legal Opinion Authors:
The legal opinion was authored by Wiley Rein attorneys, Kevin B. Muhlendorf and Matthew J. Gardner, both of whom previously served as federal prosecutors in their respective practice areas, and possess the practical experience in complex investigative and enforcement matters.
Mr. Muhlendorf served as Senior Counsel in the Enforcement Division of the SEC, and has firsthand knowledge and insight into this agency’s operations and processes
Mr. Gardner’s practice includes civil government enforcement actions, managing internal investigations regarding data breaches, and providing advice and litigation assistance on cybersecurity issues.
About the Law Firm:
Wiley Rein is a dominant presence in Washington, DC, with more than 240 attorneys and public policy advisors representing clients in complex, high-stakes regulatory, litigation and transactional matters. Many of the firm’s attorneys have held high-level positions in the White House, on Capitol Hill, and in federal agencies including the Securities and Exchange Commission (SEC) which administers compliance.