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ARTICLE · 28 AUGUST 2013

Corporate And Financial Weekly Digest - August 23, 2013

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The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations, the Financial Industry Regulatory Authority and the Commodity Futures Trading Commission’s Division of Swap Dealers and Intermediary Oversight jointly issued a staff advisory on business continuity and disaster recovery planning.

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Edited by Robert Weiss and Gregory Xethalis

BROKER DEALER

SEC, CFTC and FINRA Issue Joint Advisory on Business Continuity and Disaster Recovery Planning

On August 16, 2013, the Securities and Exchange Commission's Office of Compliance Inspections and Examinations, the Financial Industry Regulatory Authority and the Commodity Futures Trading Commission's Division of Swap Dealers and Intermediary Oversight jointly issued a staff advisory on business continuity and disaster recovery planning. The SEC, FINRA and CFTC compiled best practices and lessons learned from firms that were impacted by the events surrounding Hurricane Sandy. The staff advisory encourages firms to review their business continuity plans (BCPs) and suggests effective practices in the following areas:

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