The U.S. Securities and Exchange Commission (SEC) told 16 financial companies, including Barclays, Bank of America, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, and UBS, that they failed to maintain electronic communications and they can’t protectfined $1.1 billion. The said penalty is imposed by the personnel among themselves in banking transactions. whatsapp such as communication channels. The Turkish banking sector uses whatspp groups intensively just like in America.
In the statement made by the SEC, it was stated that the companies in question violated the record keeping provisions of the federal securities laws and admitted their mistakes.
In the statement, it was reported that during the period from January 2018 to September 2021, it was determined that the employees in these institutions routinely communicated on business-related issues using text messages and messaging applications on their personal devices, and that the institutions did not protect most of these communications by violating the rules.
16 financial companies, including Barclays, Bank of America, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley and UBS, will pay $1.1 billion in fines. recorded to go.
SEC Chairman Gary Gensler, whose views were included in the statement, stated that finance is based on trust, and companies that were penalized failed to maintain this trust by failing to meet their record keeping obligations.
Noting that as technology develops, it is more important that commercial communications are carried out appropriately only through official channels, Gensler emphasized that these communications should be maintained and protected.