Observations
Feb 19, 2024Earlier this month, the US Securities and Exchange Commission (SEC) announced $81 million in fines against 16 financial firms for the employee use of unauthorized messaging apps. The penalized firms included Northwestern Mutual Investment Services (NMIS), US Bancorp, and Huntington Investment Company.
Observations
Jun 28, 2023JPMorgan Chase's brokerage arm will pay $4 million to settle with the U.S. Securities and Exchange Commission (SEC) over the accidental deletion of 47 million electronic messages it was required to retain.