NASD 3010

Summary

Written Supervisory Procedures must be developed for the review of any written and electronic correspondence with the public relating to investment banking or securities business. If an electronic or manual pre review is not done, then appropriate supervisory procedures must be developed, as well as monitoring, testing, and educating employees on the procedures. Employee education must be documented.

All correspondence relating to investment banking or securities business should be retained along with the names of the persons who prepared and reviewed the correspondence, and the retained records should be readily available to NASD. An annual review of a broker dealer’s business activities, supervisory system, customer accounts and office inspections is required.

To comply with NASD 3010 requires the following:

  • Develop Written Supervisory Procedures
  • Preserve Records in Accordance with SEC Rule 17a-4 and NASD Rules

MobileMandate Key Benefits

MobileMandate is designed to support the the flow of text messaging, pin to pin, and BlackBerry® Messenger througout your organization. Our intuitive user interface and advanced reporting capabilities provides yor team with the ability to get the job done quickly, effectiviely, and efficiently.

Effective Management

  • Ensure every SMS message passing through your organization is archived and readily available

Collaboration

  • Create roles and responsibilities for managing mobile messaging

Proactive Platform

  • Build reports to find policy breaching events like wall crossing and receive alerts when those breaches happen

Evidence Supervision

  • Provide complete workflow audit trails of who has acted upon any message

Automation

  • Automate email and reports engaging users to assist with supervision

Security

  • Secure hosted content with full disaster recovery

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Vivek Kundra
CIO United States Of America

Wall Street Journal