Security-First Compliance
Platform for SEC Reg S-P
The 2024 amendments require broker-dealers, investment advisers, funds, and transfer agents to run a written incident response program, notify affected customers within 30 days, and oversee service providers. Strac Comply automates the safeguards program on a DLP foundation built to find customer information wherever it lives.
40
Controls covered
100+
Continuous tests
1
Evidence platform
Framework
SEC Regulation S-P (2024 Amendments)
U.S. Securities and Exchange Commission — 17 CFR Part 248
Financial services data security
What it is
Regulation S-P is the SEC rule (17 CFR Part 248) governing how financial institutions protect customer information. The May 2024 amendments — the first major update since 2000 — added a mandatory incident response program, a 30-day customer breach-notification requirement, formal service-provider oversight, an expanded Safeguards Rule and Disposal Rule, and new recordkeeping obligations. Covered institutions include broker-dealers, registered investment advisers, investment companies, funding portals, and transfer agents. Larger entities have been required to comply since December 3, 2025; smaller entities since June 3, 2026.
Why Strac Comply for SEC Reg S-P
Reg S-P is a customer-data problem first and a paperwork problem second — you cannot notify the right customers within 30 days if you cannot find where their information lives. Strac Comply is built on Strac's DLP foundation: we continuously discover customer and consumer-report information across cloud, SaaS, and endpoints, drive the incident response program from real detections, and run service-provider oversight from a live vendor register — so the breach clock starts with facts, not a fire drill.
How Strac Comply automates SEC Reg S-P
Continuous evidence, not annual scramble.
Continuous customer-information discovery — PII and consumer-report data located across S3, Google Drive, Slack, email, and 40+ SaaS apps, powered by Strac's DLP detection engine (the heart of the Safeguards Rule)
Incident response program, operational — written IRP policy, detection-to-containment playbook, and an automated 30-day customer-notification workflow with templated notices that meet the rule's content requirements
Service-provider oversight from a live vendor register — due diligence and monitoring on every provider with access to customer information, with evidence that affected individuals will receive any required notices
Disposal Rule + recordkeeping — secure disposal of consumer-report information plus the written records documenting Safeguards-and-Disposal compliance the SEC now requires you to make and retain
Examiner-ready audit binder — every policy version, incident, notice, and vendor review version-pinned and exportable, so an SEC exam or FINRA request is a download, not a scramble
40 controls. One evidence base.
A sample of how the heaviest controls are automated.
§248.30(a)
Safeguards Rule
Written policies + continuous customer-information discovery (DLP)
§248.30(b)(1)
Incident response program
IRP policy + detection-to-containment playbook
§248.30(b)(2)
Customer notification (30 days)
Automated breach-notification workflow + templated notices
§248.30(b)(3)
Service-provider oversight
Live vendor register + due-diligence & monitoring evidence
§248.30(b)(4)
Recordkeeping
Version-pinned records of Safeguards + Disposal compliance
§248.30(c)
Disposal Rule
Secure disposal of consumer-report information
Frequently asked
Who has to comply with the Reg S-P amendments?
Broker-dealers, registered investment advisers, investment companies (funds), funding portals, and transfer agents — the SEC's "covered institutions." Larger entities' deadline was December 3, 2025; smaller entities' was June 3, 2026. If you handle customer information in any of those capacities, the incident response program and 30-day notification requirements apply now.
What is the 30-day customer notification requirement?
When a covered institution becomes aware that unauthorized access to or use of sensitive customer information has occurred — or is reasonably likely to have occurred — it must notify affected individuals as soon as practicable and no later than 30 days. The notice must describe the incident, the data involved, and how individuals can protect themselves. Strac Comply starts the clock at the moment of detection and generates the notice.
How is Reg S-P different from a SOC 2 or NIST program?
Reg S-P is a binding SEC regulation with examination consequences, not a voluntary attestation. It is narrower — focused on customer information, breach response, and service-provider oversight — but the underlying controls (data discovery, access, incident response, vendor risk) overlap heavily with SOC 2 and NIST CSF. Strac Comply reuses that evidence so a Reg S-P program builds on what you already have.
Does Strac help during an actual SEC exam?
Yes. The audit binder pins every policy version, incident record, customer notice, and service-provider review at the time it was created, and exports as a packet PDF or magic-link portal. An SEC examination or FINRA request becomes a download instead of weeks of evidence reconstruction.
Also automated by Strac Comply
Ready to get SEC Reg S-P done without the scramble?
See how Strac Comply runs your SEC Reg S-P program — continuous evidence, AI vCISO, and an audit binder your auditor will actually thank you for.
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