Today news
About the same in other media
JPMorgan brokerage unit fined $200m after failure to monitor WhatsApp, other messaging apps
Reading now: 252
fnlondon.comThe brokerage arm of JPMorgan on 17 December agreed to pay $200m in fines and admit that it failed to keep track of employees’ use of personal messaging apps that circumvented record-keeping requirements.
The Securities and Exchange Commission said its fine, $125m, is the largest ever for a breach of rules requiring brokerages to retain most communications so the data can be monitored internally and made available to regulators. The SEC said the breakdown was widespread and hindered some enforcement investigations, which often...
Read more on fnlondon.comAbout this in other media
JPMorgan’s WhatsApp fine shows compliance nightmare as banks spy on traders — Here’s what you need to know fnlondon.com /2 years ago
JPMorgan brokerage unit fined $200m after failure to monitor WhatsApp, other messaging apps fnlondon.com /2 years ago
Top execs at PGIM, Citi, JPMorgan and more on how inflation will shape markets in 2022 fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
