Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do the OATS Rules supersede Rule 17a-3?

April 26, 2017oats rule rules supersede

0

Posted

Do the OATS Rules supersede Rule 17a-3?

1 Answer

0

Posted

The OATS Rules (FINRA Rules 7410—7470) are independent from SEC Rule 17a-3. Thus, firms must comply with both sets of rules. Both OATS Rules and SEC rules allow firms to store records in manual or electronic forms, such as microfiche, paper, and computer disk.