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Originally Posted by WiredGuy
Thats why I really like NastyDollars solution of providing an encrypted database, the law is pretty clear that the records need to be stored at the place of business, not a custodian of records. I'd feel a whole lot better getting a copy of the records, even if they're encrypted.
WG
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Actually YOU are now the custodian of records.
What TCG doing is not correct and will get their affilaites in trouble because
A) 3rd party record storage is not allowed
B) The feds want thie shit NOW. They are not going to go for "Wait let me make a call to get the records". The DOJ expects you to have the records ON HAND when they arrive. And they aren't going to tell you in advance they are coming.