FINRA Regulatory Notice 10–59

FINRA Regulatory Notice 10–59 includes amendments to FINRA rule 8210 which requires broker-dealers to:

  • Encrypt electronic data on physical media (CD-ROMs, portable hard drives, flash drives) sent to the self-regulatory organization.
  • Provide FINRA staff with the confidential decryption process or key in a separate communication.

The effective date of these amendments was December 29, 2010. FINRA views industry standards for strong encryption to be 256-bit or higher.

Smarsh, Inc. assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for specific information on specific rules and regulations and how they apply to your business.

Helpful Links:
FINRA Regulatory Notice 10–59
Full Notice in .pdf format
FINRA Rule 8210

Related Industries:

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