NASD 2711

The National Association of Securities Dealers Rule 2711 (NASD 2711) specifies that investment banking be run separately from a financial institutions research and trading groups to ensure trust in the public markets. But, while organizations may attempt to prevent collaboration amongst these groups, email, instant messaging, and other technologies facilitate improper communication.

In order to comply with NASD 2711, financial organizations must:

• Identify and protect documents and files containing regulated data wherever it is stored and transmitted.
• Prevent unauthorized access and usage.
• Implement policies that regulate the delivery of documents and files to authorized end-users.
• Provide high-quality audit trails that demonstrate compliance.
  

NASD 2711 Compliance with Biscom Secure File Transfer

Biscom Delivery Server offers financial organizations a simple but effective NASD 2711 compliance solution by:

• Encrypting documents and files at rest and in transit.
• Implementing policies that prevent un-authorized personnel from accessing improper documents and files.
• Providing detailed logs and audit trails of content access, authorization and usage.
• Supporting regulatory compliance behaviors without changing the way users work.