2014 Electronic Communications Compliance Survey Report
Communications compliance practices and examination expectations among compliance professionals in financial services.
Results from the Smarsh 2014 Electronic Communications Compliance Survey shed light not only on the compliance gaps that expose financial services firms to risk, but reinforce the shift in attitude toward an acceptance of more types of electronic messages (and the compliance ramifications).
This shift is set against the backdrop of new regulatory guidance and scrutiny. Failure to meet electronic messaging compliance obligations was the No. 1 source of FINRA fines in 2013. This year the SEC has also prioritized examinations for registered firms that have never been examined.
Download the survey report to learn:
- Best practices on how firms are managing oversight of an expanding list of allowed electronic communications channels
- What types of communications are putting firms at risk
- How to prepare for a regulatory examination