Maintaining Compliance with the SEC Designated Third Party (D3P) Rule

  1. Home
  2. Resources
  3. Maintaining Compliance with the SEC Designated Third Party (D3P) Rule
Iron Mountain logo

Request a Free Technology Escrow Quote Now

Related resources

Premium Content

Best Practice Guides

Preparing for a FINRA Audit: Strategies for your ESM and D3P Success

Every brokerage firm and broker that does business with the U.S. public must be licensed and registered by the Financial Industry Regulatory Authority, or FINRA.

Premium Content

Datasheets and brochures

Face Your Next SEC Audit With Confidence

SEC Rule 17A-4 states that broker-dealers must archive their data and routinely review the archiving process. You know that your organization needs to be compliant, but you may not know how you can easily demonstrate compliance.

Premium Content

Datasheets and brochures

Designated third party provider compliance

The securities and exchange commission (SEC) requires broker-dealers to adhere to numerous regulations, including SEC Rule 17a-4(f)(3)(vii), which details stringent requirements on how electronic data is stored.

Premium Content


The Final Frontier of SEC Rule 17A-4(f)

In 1997, the Securities and Exchange Commission (“SEC”) issued Rule 17A-4(f), which authorized broker-dealers to store their required books and records in electronic format. Broker-dealers who elected to store records electronically were required by the rule to retain a third party (“Designated Third Party”or “D3P”) who had the ability to independently download electronically-stored information to another acceptable medium for the SEC’s review, (the “D3P Requirement”).