SEC, CFTC and FINRA Issued a Staff Advisory on Business Community and Disaster Recovery Planning

The staffs of the SEC, FINRA, and CFTC's issued a joint advisory on business continuity and disaster recovery planning. The three regulators published their joint observations on how to best to improve response time and reduce recovery time after significant large-scale events. Additionally, the NFA required that its members fill out a questionnaire to help better tailor and customize recovery plans.

See: Joint Continuity Planning; NFA Questionnaire.See also: SEC Press Release; CFTC Press Release; FINRA Press Release.