Brenda, if you Google "SEC records retention sanctions" a number of examples
will come up.

On Thu, Oct 28, 2010 at 1:56 PM, Hobbs, Brenda <
[log in to unmask]> wrote:

> Many Federal, State and Provincial regulations include sanctions that
> can be incurred by organizations for non-compliance, however, I have
> rarely seen any actually imposed.  I am thinking specifically of the
> regulations that relate to records retention - for records being
> retained either too short or too long a time.  Discovery and the claim
> of spoliation seem to be the primary examples of courts acknowledging
> that retention policies are not being implemented, but even then it
> seems that on appeal most companies are excused.
>
> Does anyone have concrete examples of penalties being imposed on
> organizations for improper records management?
>
> Thank you.
>
> Brenda Hobbs
> Director - Records Management & IS Processes
> Direct Energy
> 2225 Sheppard Avenue East
> Toronto, Ontario  M2J 5C2
> Phone: (416 758 4507)  Fax: (416 758 4505)
> Mobile: (416 428 8958)
> www.directenergy.com
>
>
> Please consider the environment before printing this
>
>
>
>
>
>
>
>
> List archives at http://lists.ufl.edu/archives/recmgmt-l.html
> Contact [log in to unmask] for assistance
> To unsubscribe from this list, click the below link. If not already
> present, place UNSUBSCRIBE RECMGMT-L or UNSUB RECMGMT-L in the body of the
> message.
> mailto:[log in to unmask]
>



-- 
Dwight Wallis, CRM
Multnomah County Records Management Program
1620 SE 190th Avenue
Portland, OR 97233
ph: (503)988-3741
fax: (503)988-3754
[log in to unmask]

List archives at http://lists.ufl.edu/archives/recmgmt-l.html
Contact [log in to unmask] for assistance
To unsubscribe from this list, click the below link. If not already present, place UNSUBSCRIBE RECMGMT-L or UNSUB RECMGMT-L in the body of the message.
mailto:[log in to unmask]