Docupace Applauds NASAA's Adoption of Policy on Electronic Offering Documents & Electronic Signatures

LOS ANGELES, May 17, 2017 /PRNewswire/ -- Docupace Technologies, LLC commends the North American Securities Administrators Association (NASAA) for issuing its new Statement of Policy concerning electronic documents and electronic signatures for securities offerings.

The entire "NASAA Statement of Policy Regarding Use of Electronic Offering Documents and Electronic Signatures," which was adopted on May 8, 2017, is available at: 
http://nasaa.cdn.s3.amazonaws.com/wp-content/uploads/2011/07/Electronic-Offering-Documents-and-Electronic-Signatures-Statement-of-Policy.pdf

"The NASAA deserves much praise for taking this step to protect sensitive financial information at every point during the electronic offering of securities," said Michael Pinsker, CEO and President of Docupace Technologies. "Over the past two years, our team has conceived and created a groundbreaking solution that aligns with the new Statement of Policy. The ePACS AI Solution mitigates the financial and legal risks inherent in the alternative investment process, and is truly one of a kind. Concurrently, our team connected with securities divisions in all NASAA jurisdictions to advance adoption of electronic processing for alternative investments. Forty-two states and jurisdictions are prepared for electronic processing when used with appropriate guardrails.  We are pleased that the NASAA has adopted this Statement of Policy." 

For more information about Docupace's ePACS AI Solution, please visit: 
https://docupace.com/epacs-productivity-suite/epacs-ai-solution/

About Docupace 
Docupace Technologies, LLC pioneered and implemented SEC/FINRA-compliant straight-through processing technology for financial services companies. Docupace's cybersecurity and document management and workflow solutions simplify the process of capturing, organizing, routing and accessing information for broker-dealers and registered investment advisors (RIAs) that, under new government regulations, must keep thorough, secure records of documents that explain how they formulated recommendations that are in the best interests of investors. Docupace's innovative products have been proven to significantly reduce not-in-good-order (NIGO) conditions on document processing submissions for financial services companies.

Docupace currently services over 1 billion stored documents from more than 500 broker-dealers and RIAs. For more information, please visit www.docupace.com or follow @docupace (https://twitter.com/docupace).    

SOURCE Docupace Technologies, LLC

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