Wall Street to Pay $1.8 Billion in Fines Over Traders' Use of Banned Messaging Apps - The Wall Street Journal

Eleven banks and brokerages, including Goldman Sachs and Bank of America, admitted they violated rules that require storage of written communications.
WASHINGTONEleven of the worlds largest banks and brokerages will collectively pay $1.8 billion in fines to resolve regulatory investigations over their employees use of messaging applications that br… [+404 chars] Read More