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JPMorgan agrees to $125 million fine for letting employees use WhatsApp to evade regulators’ reach
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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
Read more on cnbc.comAbout this in other media
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