(Bloomberg) -- The US Securities and Exchange Commission has blocked third-party messaging apps and texts from employees’ work mobile phones, bringing its...
-- The US Securities and Exchange Commission has blocked third-party messaging apps and texts from employees’ work mobile phones , bringing its own practices closer to the standards it’s enforcing for the industry.The SEC’s decision to block disappearing- messaging apps will help improve record-keeping and address potential security vulnerabilities at the agency, which saw one of its social-media accounts compromised earlier this year.
The Commodity Futures Trading Commission is considering whether to follow suit, according to a person familiar with the matter. A CFTC spokesperson didn’t respond to a request for comment.The regulatory crackdown extracted at least $200 million apiece from Wall Street giants such as Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc. and Goldman Sachs Group Inc., while fining many smaller players.
US Securities And Exchange Commission Mobile Phones Commodity Futures Trading Commission Messaging Apps SEC Financial Firms
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