Latest Breaking News On - Messaging systems - Page 2 : comparemela.com

11 wall street firms have been paying fines of nearly $300 million between them because of poor recordkeeping. what s that about? yeah. so we ve all seen the rise of things like whatsapp or other messaging systems, whether it s imessage or signal. increasingly, that s creeping into the workplace and that is opening up employers to legal liability as these 11 banks have just found. now, part of it is specific to the industry. it is governed by the securities exchange act from 193a, which governs kind of record keeping for the industry. and so what these 11 banks have been found or have had to pay this penalty for is the idea that their employees were basically engaged in work chat, where there was kind of significant information shared on these messaging apps that then were not kept as records because by their nature they are more private and the employers don t necessarily have sight of that. so i think it goes to the sort of bigger question. obviously, there is legaljeopardy here for

Wall streetMessaging systems00 million300 million111 wall streetRecord keepingSecurities exchange act from 193aMessaging appsWork chat