As social media becomes an increasingly important part of the financial services business model companies must put more effort and emphasis on compliance, particularly around archiving and E-Discovery. SEC Rule 17a-4(b) states, business communications from every member, broker, and dealer made via social media, even if only distributed internally, must have records kept for a period of three years. To ensure compliance and prevent SEC violations, a Fortune 100 financial services company sought a solution that could capture all social media messages, store them in a secured archive, and make them accessible to the legal discovery process.
Download this case study to learn how Social SafeGuard provided this company with a solution that effectively fit all of their archiving and e-Discovery requirements as laid out by the SEC.