Comply with regulatory agencies requirements for electronic communication.
We capture and archive mobile text messages and other forms of mobile communication.
TeleMessage is listed in the FINRA & MiFID II Compliance Vendor Directories.
NFA (National Futures Association)
“… An FCM, IB, CPO or CTA Member’s duty to supervise the use of commodity interest-related electronic communications, including e-mails, instant messages, text messages and messages sent through social media, by its employees and agents…”
Read the January 2020 updated requirements here
Investment Advisers Act of 1940 Rule 204-2
SEC and Dodd-Frank
Investment advisers, hedge funds and private equity firms are required to retain books and records relating to all written communications received and sent.
Read relevant documentation on the Investment Advisers Act of 1940.
The National Association of Insurance Commissioners (NAIC)
Advisory Guidelines on mobile communication:
NAIC: “Consideration should be given to periodically backing-up these files throughout the receivership to insure preservation of communications.”
Download the full information system guidance here.
View our Solution for Financial Sector Archiving
Our platform allows for compliant enterprise-wide archiving solutions for financial services:
Financial Services — Supporting Broker and Dealer SEC compliance and FINRA retention requirements
Investment Advisors — CFTC and SEC regulations
Futures & Transfer Agents —NFA, CFTC, & SEC recordkeeping and oversight obligations
Lending Compliance — For with the FFIEC, Fair Lending Laws, Truth in Lending Act or the FTC’s rules on Unfair, Deceptive or Abusive Acts
Investment Dealers (Canada) — Complies with IIROC Rules and Notices and National Instrument regulations
Investment Advisers (UK) — MiFID II compliant