Is Sage 500 Finra Compliant?

 I need a 17a-4 letter letter from FINRA but haven't been able to find out if 500 is FINRA compliant

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    Sage 500 in and of itself cannot claim to be compliant.  The Sage 500 solution provides the security and customization tools that facilitate FINRA compliance.  It is incumbent on the customer and / or their partner to implement the solution using the proper guidelines in order to achieve compliance. 

    Per the link below, there are a set of rules and guidance set forth to achieve FINRA compliance.  When Sage 500 is implemented using those guidelines and an appropriate audit attesting to that compliance is completed, the customer can then attain the necessary 17a-4 letter.

     http://www.finra.org/industry/rules-and-guidance

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  • 0

    Sage 500 in and of itself cannot claim to be compliant.  The Sage 500 solution provides the security and customization tools that facilitate FINRA compliance.  It is incumbent on the customer and / or their partner to implement the solution using the proper guidelines in order to achieve compliance. 

    Per the link below, there are a set of rules and guidance set forth to achieve FINRA compliance.  When Sage 500 is implemented using those guidelines and an appropriate audit attesting to that compliance is completed, the customer can then attain the necessary 17a-4 letter.

     http://www.finra.org/industry/rules-and-guidance

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