Today news
About the same in other media
JPMorgan agrees to $125 million fine for letting employees use WhatsApp to evade regulators’ reach
Reading now: 994
cnbc.comIn this article
JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws.
The SEC said Friday in a statement that JPMorgan Securities admitted to «widespread» record-keeping failures in recent years. The bank's employees used personal smartphones and email accounts, as well as messaging services including Meta-owned WhatsApp, to conduct securities business matters from at least January 2018 through November 2020, the regulator said.
SEC officials who spoke to reporters Thursday evening said JPMorgan's failure to preserve those off-line conversations violated federal securities
Read more on cnbc.comAbout this in other media
BitMEX Launches BMEX Token, Will Airdrop Millions to New and Existing Users cryptonews.com /2 years ago
Blockchain startup sues Brian Armstrong for allegedly stealing its work cointelegraph.com /2 years ago
BNP Paribas agrees to $16.3bn sale of Bank of the West to BMO Financial Group 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.
