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.
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RIA SMS Archiving Solutions: Essential Guide for
SEC Compliance Success
95% of advisors use personal devices for client
communications, creating compliance blind spots.
Even scheduling texts require proper archiving under
SEC rules
Most RIAs think partial solutions
work, but the SEC expects 100%
compliance with Rule 204-2.
Focusing only on email while
ignoring text messages creates
dangerous regulatory gaps
Screenshot-based archiving and manual processes are flawed. They introduce human
error, miss context, and don't preserve metadata needed for authenticity verification
Three major blind spots: inadequate message
capture, manual processes, and limited visibility
across platforms like WhatsApp, iMessage, and
Facebook Messenger
The SEC has zero tolerance for unarchived business
communications. Recent enforcement shows firms of
all sizes face scrutiny and significant penalties for
compliance gaps
Effective compliance requires comprehensive capture across all devices, automated supervision tools,
tamper-proof storage, and regular testing to ensure complete coverage
https://riacomptech.com/
Ready to protect your RIA from compliance risks? Visit
https://riacomptech.com/ to learn more
SEC Compliance Success
95% of advisors use personal devices for client
communications, creating compliance blind spots.
Even scheduling texts require proper archiving under
SEC rules
Most RIAs think partial solutions
work, but the SEC expects 100%
compliance with Rule 204-2.
Focusing only on email while
ignoring text messages creates
dangerous regulatory gaps
Screenshot-based archiving and manual processes are flawed. They introduce human
error, miss context, and don't preserve metadata needed for authenticity verification
Three major blind spots: inadequate message
capture, manual processes, and limited visibility
across platforms like WhatsApp, iMessage, and
Facebook Messenger
The SEC has zero tolerance for unarchived business
communications. Recent enforcement shows firms of
all sizes face scrutiny and significant penalties for
compliance gaps
Effective compliance requires comprehensive capture across all devices, automated supervision tools,
tamper-proof storage, and regular testing to ensure complete coverage
https://riacomptech.com/
Ready to protect your RIA from compliance risks? Visit
https://riacomptech.com/ to learn more