Wasabi’s immutability functionality (object lock with compliance mode) fulfills the following requirements relative to certain electronic storage requirements specified in the following regulations:
- Securities and Exchange Commission (SEC) in 17 CFR § 240.17a-4(f), which regulates exchange members, brokers or dealers.
- Financial Industry Regulatory Authority (FINRA) Rule 4511(c), which defers to the format and media requirements of SEC Rule 17a-4(f).
- Commodity Futures Trading Commission (CFTC) in 17 CFR § 1.31(c)-(d), which regulates commodity futures trading.
For more detailed information about how Wasabi’s implementation of S3 Object Lock satisfies these regulations, see the “SEC 17a-4(f), FINRA 4511(c), and CFTC 1.31(c)-(d) Compliance Assessment - Wasabi Hot Cloud Storage” by Cohasset Associates. This report also includes the updated SEC Rules that had a compliance date of 5/3/2023.
For additional information about physical security, network architecture, and data privacy, refer to our white paper “Ensuring SEC Compliance with Wasabi’s Data Immutability”.
A customer case study on the use of Wasabi’s immutability feature is available here.
If you need a D3P (designated third-party) that works with Wasabi, we recommend the Iron Mountain D3P service.