https://riacomptech.com/With $2.6 billion in recent fines, unarchived text messages create major compliance risks for RIAs, and even simple scheduling texts require proper archiving under SEC Rule 204-2, yet 95% of advisors use personal devices for client communications.
You know what keeps me up at night? That staggering $2.6 billion figure in fines that the S E C and C F T C have handed out in just two years for electronic communications compliance failures. Have you ever wondered how many R I A firms are sitting on a compliance time bomb right now? RIA Compliance Technology City: Scottsdale Address: 10031 E Dynamite Blvd Suite 240 Website: https://riacomptech.com/