AUDIT-TRAIL-WORM

WORM storage mode required by SEC 17a-4.

Definition

SEC Rule 17a-4(f) requires 3-6 year preservation with WORM compliance for broker-dealers. Cloud implementations: AWS S3 Object Lock (Governance or Compliance mode), Azure Immutable Blob Storage, Google Cloud Bucket Lock. Audit verification by third-party assessor.

Origin

WORM concept from CD-WORM ; regulated SEC 17a-4 (1934 Securities Exchange Act).

Example in context

A US bank Morgan Stanley archives 10 years of SWIFT in S3 Object Lock Compliance.

Related terms

• Audit log retention — related policy.