Wall Street to Pay $1.8 Billion in Fines Over Traders’ Use of Banned Messaging Apps
Banks, CFTC, Investigation, SEC, Securities and Exchange Commission, Trader, Trading
September 28, 2022
Eleven of the world’s largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees’ use of messaging applications that broke record-keeping rules, regulators said Tuesday. The firms include brokerage units of Bank of America Corp., Barclays PLC, Citigroup, Credit ...Read More