JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages_老虎社区_美港股上老虎

JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages

The Wall Street Journal2021-12-14

Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

Albaakbert
·2021-12-14
[Miser] [What] [What]
回复
3
举报
Victorhc88
·2021-12-14
Like
回复
2
举报
Weebies
·2021-12-14
👍
回复
2
举报
ArcherWG
·2021-12-14
👌🏻
回复
5
举报
收起
- wenjin:
  Ok
  2021-12-14
  回复
  举报
- sunnylimbs:
  sure
  2021-12-14
  回复
  举报
小白添祥
·2021-12-14
like & comment please
回复
2
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1159967132?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-12-14 07:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159967132","market":"us","top_or_hot":-1,"title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","media":"The Wall Street Journal","content":"<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JPM","symbol_name":"摩根大通","start_time":0,"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","article_id":"1159967132","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","pubTimestamp":1639437232,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"JPM":"摩根大通"},"translate_title":"摩根大通就员工短信支付2亿美元罚款进行谈判","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPM":0.9},"content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":604413098,"gmtCreate":1639438104245,"gmtModify":1639438269670,"author":{"id":"3573197870935019","authorId":"3573197870935019","name":"Albaakbert","avatar":"https://static.tigerbbs.com/38fb1a202f211aaf65a6b491072b884f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3573197870935019","idStr":"3573197870935019"},"htmlText":"[Miser]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"[Miser]&nbsp;[What]&nbsp;[What]&nbsp;","text":"[Miser] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604413098","repostId":1159967132,"repostType":4,"repost":{"id":"1159967132","kind":"news","pubTimestamp":1639437232,"share":"https://www.laohu8.com/m/news/1159967132?lang=&edition=full","pubTime":"2021-12-14 07:13","market":"us","language":"en","title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","media":"The Wall Street Journal","summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","content":"<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9197415b34553203119cad13541a5ef\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.</span></p>\n<p>JPMorgan Chase &amp; Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.</p>\n<p>The investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.</p>\n<p>The nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.</p>\n<p>Banks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.</p>\n<p>In recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup&nbsp;Inc.,Morgan Stanley and&nbsp;Credit Suisse Group&nbsp;AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.</p>\n<p>Bloomberg&nbsp;earlier reported&nbsp;JPMorgan’s pending settlement. The broader regulatory inquiry was&nbsp;earlier reported&nbsp;by Reuters.</p>\n<p>Many banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.</p>\n<p>The SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would&nbsp;deviate from “no admit, no deny” settlements&nbsp;in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.</p>\n<p>A $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.</p>\n<p>In December 2020,Deutsche Bank&nbsp;AG’sU.S. broker-dealer paid $2.5 million to&nbsp;resolve a Finra investigation&nbsp;that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.</p>\n<p>JPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159967132","content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":604437605,"gmtCreate":1639437959617,"gmtModify":1639438235379,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582248650466523","idStr":"3582248650466523"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604437605","repostId":1159967132,"repostType":4,"repost":{"id":"1159967132","kind":"news","pubTimestamp":1639437232,"share":"https://www.laohu8.com/m/news/1159967132?lang=&edition=full","pubTime":"2021-12-14 07:13","market":"us","language":"en","title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","media":"The Wall Street Journal","summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","content":"<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9197415b34553203119cad13541a5ef\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.</span></p>\n<p>JPMorgan Chase &amp; Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.</p>\n<p>The investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.</p>\n<p>The nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.</p>\n<p>Banks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.</p>\n<p>In recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup&nbsp;Inc.,Morgan Stanley and&nbsp;Credit Suisse Group&nbsp;AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.</p>\n<p>Bloomberg&nbsp;earlier reported&nbsp;JPMorgan’s pending settlement. The broader regulatory inquiry was&nbsp;earlier reported&nbsp;by Reuters.</p>\n<p>Many banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.</p>\n<p>The SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would&nbsp;deviate from “no admit, no deny” settlements&nbsp;in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.</p>\n<p>A $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.</p>\n<p>In December 2020,Deutsche Bank&nbsp;AG’sU.S. broker-dealer paid $2.5 million to&nbsp;resolve a Finra investigation&nbsp;that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.</p>\n<p>JPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159967132","content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":604436800,"gmtCreate":1639437695591,"gmtModify":1639437695680,"author":{"id":"4102228449561900","authorId":"4102228449561900","name":"Weebies","avatar":"https://static.tigerbbs.com/efffe0c8199e2f9a96e51a3b8a62e409","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4102228449561900","idStr":"4102228449561900"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604436800","repostId":1159967132,"repostType":4,"repost":{"id":"1159967132","kind":"news","pubTimestamp":1639437232,"share":"https://www.laohu8.com/m/news/1159967132?lang=&edition=full","pubTime":"2021-12-14 07:13","market":"us","language":"en","title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","media":"The Wall Street Journal","summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","content":"<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9197415b34553203119cad13541a5ef\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.</span></p>\n<p>JPMorgan Chase &amp; Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.</p>\n<p>The investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.</p>\n<p>The nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.</p>\n<p>Banks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.</p>\n<p>In recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup&nbsp;Inc.,Morgan Stanley and&nbsp;Credit Suisse Group&nbsp;AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.</p>\n<p>Bloomberg&nbsp;earlier reported&nbsp;JPMorgan’s pending settlement. The broader regulatory inquiry was&nbsp;earlier reported&nbsp;by Reuters.</p>\n<p>Many banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.</p>\n<p>The SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would&nbsp;deviate from “no admit, no deny” settlements&nbsp;in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.</p>\n<p>A $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.</p>\n<p>In December 2020,Deutsche Bank&nbsp;AG’sU.S. broker-dealer paid $2.5 million to&nbsp;resolve a Finra investigation&nbsp;that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.</p>\n<p>JPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159967132","content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":604431806,"gmtCreate":1639437504217,"gmtModify":1639437505296,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581837121803380","idStr":"3581837121803380"},"htmlText":"👌🏻&nbsp;","listText":"👌🏻&nbsp;","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604431806","repostId":1159967132,"repostType":4,"repost":{"id":"1159967132","kind":"news","pubTimestamp":1639437232,"share":"https://www.laohu8.com/m/news/1159967132?lang=&edition=full","pubTime":"2021-12-14 07:13","market":"us","language":"en","title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","media":"The Wall Street Journal","summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","content":"<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9197415b34553203119cad13541a5ef\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.</span></p>\n<p>JPMorgan Chase &amp; Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.</p>\n<p>The investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.</p>\n<p>The nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.</p>\n<p>Banks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.</p>\n<p>In recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup&nbsp;Inc.,Morgan Stanley and&nbsp;Credit Suisse Group&nbsp;AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.</p>\n<p>Bloomberg&nbsp;earlier reported&nbsp;JPMorgan’s pending settlement. The broader regulatory inquiry was&nbsp;earlier reported&nbsp;by Reuters.</p>\n<p>Many banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.</p>\n<p>The SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would&nbsp;deviate from “no admit, no deny” settlements&nbsp;in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.</p>\n<p>A $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.</p>\n<p>In December 2020,Deutsche Bank&nbsp;AG’sU.S. broker-dealer paid $2.5 million to&nbsp;resolve a Finra investigation&nbsp;that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.</p>\n<p>JPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159967132","content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6969622,"gmtCreate":1639438412227,"gmtModify":1639438412265,"authorId":3565579816305782,"author":{"id":3565579816305782,"idStr":"3565579816305782","authorId":3565579816305782,"name":"wenjin","avatar":"https://static.tigerbbs.com/d5a7509809f1dc972f0b5c45604f9b90","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":604431806,"type":1,"supId":6969346,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":6969346,"gmtCreate":1639437653822,"gmtModify":1639437653914,"authorId":3581734197173658,"author":{"id":3581734197173658,"idStr":"3581734197173658","authorId":3581734197173658,"name":"sunnylimbs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":604431806,"type":1,"supId":0,"prevId":0,"content":"<u>sure</u>","text":"<u>sure</u>","html":"<u>sure</u>"}],"langContent":"CN"},{"id":604439560,"gmtCreate":1639437376879,"gmtModify":1639437378219,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"htmlText":"like &amp; comment please&nbsp;","listText":"like &amp; comment please&nbsp;","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604439560","repostId":1159967132,"repostType":4,"repost":{"id":"1159967132","kind":"news","pubTimestamp":1639437232,"share":"https://www.laohu8.com/m/news/1159967132?lang=&edition=full","pubTime":"2021-12-14 07:13","market":"us","language":"en","title":"JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages","url":"https://stock-news.laohu8.com/highlight/detail?id=1159967132","media":"The Wall Street Journal","summary":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications","content":"<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9197415b34553203119cad13541a5ef\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>JPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.</span></p>\n<p>JPMorgan Chase &amp; Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.</p>\n<p>The investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.</p>\n<p>The nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.</p>\n<p>Banks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.</p>\n<p>In recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup&nbsp;Inc.,Morgan Stanley and&nbsp;Credit Suisse Group&nbsp;AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.</p>\n<p>Bloomberg&nbsp;earlier reported&nbsp;JPMorgan’s pending settlement. The broader regulatory inquiry was&nbsp;earlier reported&nbsp;by Reuters.</p>\n<p>Many banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.</p>\n<p>The SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would&nbsp;deviate from “no admit, no deny” settlements&nbsp;in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.</p>\n<p>A $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.</p>\n<p>In December 2020,Deutsche Bank&nbsp;AG’sU.S. broker-dealer paid $2.5 million to&nbsp;resolve a Finra investigation&nbsp;that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.</p>\n<p>JPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan in Talks to Pay $200 Million Fine Over Employee Text Messages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-in-talks-to-pay-200-million-fine-over-employee-text-messages-11639424537?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159967132","content_text":"Settlement would be first to emerge from regulatory sweep of how banks track workers’ communications\nJPMorgan has faced federal record-keeping probes over the bank’s handling of employees’ messages, people familiar with the matter said.\nJPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.\nThe investigations by the Securities and Exchange Commission and Commodity Futures Trading Commission focused on concerns that the bank didn’t have an adequate system for retaining the chats, according to people familiar with the matter. Banks are supposed to retain employees’ communications, particularly those related to customer dealings, and provide the information to regulators when requested.\nThe nation’s biggest bank is expected to complete the settlement as soon as this week, some of the people said.\nBanks are required to record their employees’ work-related phone calls, emails and text messages. Those rules apply to communications on both company-issued devices and personal cellphones. Monitoring communications became more challenging during the pandemic when many bank employees began working from home.\nIn recent months, regulators have questioned a number of big banks, including Bank of America Corp.,Citigroup Inc.,Morgan Stanley and Credit Suisse Group AG, about how they track employee communications, some of the people said. The status of that regulatory effort, and whether other entities would face fines, couldn’t be determined.\nBloomberg earlier reported JPMorgan’s pending settlement. The broader regulatory inquiry was earlier reported by Reuters.\nMany banks allow employees to use personal devices for work purposes but instruct bankers and traders to limit their use of text messaging and to refrain from discussing certain matters.\nThe SEC deal would be the first to involve an admission of misconduct since agency officials said in October that they would deviate from “no admit, no deny” settlements in some cases. It couldn’t be learned whether the CFTC would also require the bank to admit fault.\nA $200 million fine is large for a record-keeping violation. Such investigations are often conducted by the Financial Industry Regulatory Authority, a self-regulatory organization overseen by the SEC, according to securities lawyers.\nIn December 2020,Deutsche Bank AG’sU.S. broker-dealer paid $2.5 million to resolve a Finra investigation that alleged the company didn’t have the proper system for implementing the SEC’s record-keeping rule. Deutsche Bank Securities Inc. neither admitted nor denied Finra’s allegations.\nJPMorgan has said previously that it was cooperating with regulators investigating “business communications sent over electronic messaging channels that have not been approved” by the bank. The company said last month that it was in advanced settlement discussions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":70,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}