In-Network Mobile recording

In-Network Mobile recording

FINRA 3510: Business Continuity Plans 

Highlights

The elements that comprise a business continuity plan are flexible and may be tailored to the size and needs of a member. Each plan must address:

  • Data back-up and recovery
  • All mission critical systems
  • Financial and operational assessments
  • Alternate communications between customers and the member
  • Alternate communications between the member and its employees
  • Alternate physical location of employees
  • Critical business constituent, bank, and counter-party impact
  • Regulatory reporting
  • Communications with regulators
  • How the member will assure customers’ prompt access to their funds and securities in the event that the member determines that it is unable to continue its business.

Useful links

FINRA 3510: Business Continuity Plans

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