Regulatory agencies such as the SEC and CFTC can initiate an investigation into business activity at any time, bringing challenges beyond those of typical ediscovery. Regulatory investigations often relate to unclear charges, make broad and sweeping data requests under unrealistically tight timelines, and bear severe consequences for noncompliance. Organizations need to be prepared to identify, preserve, and analyze relevant information rapidly and accurately.
Zapproved’s new seven-step guide to regulatory response is here to help. It starts by outlining the goals for an organization faced with a regulatory inquiry: obtaining a quick resolution with minimal disruption to business operations and full protection of any confidential information. It then explains the necessary mindset of compliance, including good faith and open communication. Finally, it provides seven clear, actionable steps to launch a successful regulatory response. These steps start with strategizing and preserving data before moving into assessing information, negotiating the terms of the request, creating privilege logs, and keeping the lines of communication open.
Any organization subject to regulatory oversight could be investigated at any time. Prepare today so you can face tomorrow with confidence.