Rule 17a-4 Compliance for Algorithmic Trading and Robo Advising Software

03 Mar 2020
Date submitted
03 Mar 2020
Resource type
Best practice
File type
pdf PDF file (169.4K)
We are seeing an increased regulatory focus on the preservation of trading and robo advising algorithms. For instance, if a robo advisor advises a particular purchase, the code behind that recommendation needs to be retained and available if called upon by a regulator. Software developers have systems but often the question as to what code was running at a specific time and the non-erasable evidence of the 'chain of custody.' It is now incumbent upon the compliance department to make sure that the software developers adhere to corporate preservation policies.
To access white papers, case studies and best practices. Please sign up to become a member of bobsguide. If you are already a member please log in.
Enter your email address
Remember my email address