(Editor’s note: As many firms have found out, the Securities and Exchange Commission (SEC) was serious when it announced a crackdown on the recordkeeping culture of the U.S. securities industry. Nearly 30 of the industry’s top financial services firms have been accused of violating recordkeeping rules. In fact, during the SEC’s 2023 fiscal year, 25… Read More >>
CitiStorage Warehouse and Contents to be Demolished
A fire at a CitiStorage warehouse used for securing important papers, including those from financial services firms, is now under control by the New York City Fire Department (FDNY). However, the building has been declared a total loss and it and its contents will be demolished, according to a spokesperson for Recall Holdings, parent company… Read More >>
