Requirements for Metals Business

Here you can find the Securities and Futures Authority (SFA) Board Notice 578 released in 2001 that acts as a guidance to reinstate and clarify the interpretation of SFA conduct of business rules.

This specific notice defines the customer relationship and other conduct of business requirements for firms that are engaged in metals business.

Rule 5-54 requires firms to ensure that “sufficient information is recorded and retained about its regulated business and compliance with the regulatory system.” And Appendix 18 summarizes the record-keeping requirements that arise under this particular rule (rule 5-54). Read more here.

The content channels expected to be in compliance include: email, instant messaging, social media, text/SMS, audio, video, website and blogs. The global regions in effect are Europe and Britain.

For more compliance regulation rules, visit our Archiving Compliance Regulations & Supervision Rules page with all of the financial services regulations.

With more than 20 years of innovation under our belts, Erado is the nation’s first comprehensive archiving platform. We specialize in unified and compliance archiving and have developed a simplified user experience for our customers. Our patented technology archives more than 50 communication channels like email, social, mobile, web, apps and more.

* Erado assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for information on specific rules and regulations and how they apply to your business.

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