SEC Charges 11 Wall Street Firms with Widespread Recordkeeping Failures streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Wells Fargo & Co. will pay $125 million out of a total of $289 million in fines by the Securities and Exchange Commission against 10 firms “for widespread.
How much does it cost to send a text message? For 11 trading firms, the practice of their employees texting about work on their personal devices has cost a combined $549 million in fines from federal regulators.
By Dean Seal Wall Street s top regulators are fining major banking firms hundreds of millions of dollars for failing to keep staffers iPhone texts and Signal messages about company business..