Make Broker-Dealer Compliance a Breeze with Laserfiche Vault

Tackle compliance challenges with powerful records retention features, readily available audit reports and designated third party services—all backed by industry-leading AWS cloud security.

With Laserfiche Vault, you can simplify compliance with the most stringent regulatory requirements—including SEC Rule §17a-4.

Powered by AWS Cloud Computing

 

What is SEC Rule §17a-4?

The SEC Rule §17a-4 is a set of records preservation and retention requirements for registered broker-dealers, which:

Penalties for non-compliance can be enormous, including hundreds of thousands of dollars for failing to meet WORM requirements, or millions of dollars in certain cases.

 
 

Support FINRA Audit Compliance

Records Retention

Define record retention policies within Laserfiche Cloud, and automatically track which stage each record is at within its lifecycle.

Records Quality and Accuracy

Use Laserfiche Cloud to detect errors and changes to files, while AWS automatically duplicates data and monitors the health of your data storage.

WORM (Write Once, Read Many)

Preserve records in a non-rewritable, non-erasable format with Laserfiche Cloud’s strict compliance mode.

Audit Reporting

Track activity within the Laserfiche repository, even after records archival and easily export reports for use by auditors.

Designated 3rd Party

Have Laserfiche designated as your D3P to handle requests from the SEC or your DEA for your archived electronic records.

Records Retention

Define record retention policies within Laserfiche Cloud, and automatically track which stage each record is at within its lifecycle.

WORM (Write Once, Read Many)

Preserve records in a non-rewritable, non-erasable format with Laserfiche Cloud’s strict compliance mode.

Records Quality and Accuracy

Use Laserfiche Cloud to detect errors and changes to files, while AWS automatically duplicates data and monitors the health of your data storage.

Audit Reporting

Track activity within the Laserfiche repository, even after records archival and easily export reports for use by auditors.

Designated 3rd Party

Have Laserfiche designated as your D3P to handle requests from the SEC or your DEA for your archived electronic records.

 
 

What is Laserfiche Vault for Broker Dealers?

Document Management

Document Management

A centralized repository

Laserfiche keeps you PDFs, emails, faxes and more all in one place and version controlled, so auditors have a clear and up-to-date picture of how your organization operates.

Laserfiche Vault is a solution package that supports your firm’s compliance with SEC Rule §17a-4 using services and cloud-based features that provide a secure and accurate system of record. It includes:

  • Laserfiche Cloud records management
  • Strict compliance mode for Laserfiche Cloud
  • Optional designated 3rd party (D3P) services provided by Laserfiche

Records Management

Serializing Records
Audit Reporting
Automated Retention Tracking

AWS

Duplicate records in different geographic locations
Monitoring data stroage health (EBS) to ensure quality and accuracy

Records Management

Laserfiche Cloud records management

Automate retention tracking so you know when a record was created, when it needs to be cutoff, when its retention period begins and ends, and when it can enter final disposition. You can even pause a record’s lifecycle to preserve it for use in litigation or audits.

WORM

Strict compliance mode fulfills non-rewriteable, non-eraseable requirements

WORM

Enable WORM at the click of a button

Once a record starts its retention period, the SEC requires that it remain in a non-rewritable, non-erasable format until it’s ready for disposition. With strict compliance mode, you can set records to be in this WORM (Write Once, Ready Many) state for as long as needed.

D3P

Designated 3rd party (D3P) per request

D3P

Optional D3P services

You can now select Laserfiche as both your software vendor and designated 3rd party (D3P). When the SEC or your designated examining authority (DEA) asks for records, they’ll be confident they have a D3P they can trust to download your firm’s records and present them promptly.
 
 

Your Laserfiche Vault Compliance Guide

Get more information and a copy of the Laserfiche Vault Compliance Guide for SEC §17a-4. This resource offers a detailed look at the features and tools needed to support compliance with SEC §17a-4.