The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps (Bloomberg)

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Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps  —  US regulators reached settlements with a dozen banks in a sprawling probe into how global financial firms failed to monitor employees' communications …

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