Blog

Td Ameritrade Institutional: Keep Emergency Plans Updated, Or Face Disastrous Consequences From Regulators

TD AMERITRADE INSTITUTIONAL: KEEP EMERGENCY PLANS UPDATED, OR FACE DISASTROUS CONSEQUENCES FROM REGULATORS

 

Investmentnews.comLiz Skinner

Financial advisory firms need to think seriously about disaster planning and should be conducting annual tests of their preparedness plans if they want to stay out of hot water with regulators.

Each year, registered investment advisers need to document the testing of their continuity plan, as well as any updates to these plans, Les Abromovitz, a senior consultant at National Compliance Services Inc., said at a pre-conference session at TD Ameritrade Institutional‘s national conference in Orlando last Wednesday.

Read more…

LinkedInTwitterGoogle+Share

Leave a Comment

Your email address will not be published. Required fields are marked *