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Wall Street firms fined $390M in over text, WhatsApp messages

The SEC watchdog on Thursday levied $390 million in fines on 26 Wall Street investment firms as part of its latest crackdown on misuse of text and WhatsApp messaging. The fined firms included Ameriprise Financial, Edward Jones, LPL Financial and Raymond James, which each agreed to pay $50 million to settle the allegations. BNY’s Pershing […]

Universal Music Group strikes Meta deal for Taylor Swift on WhatsApp

Music from pop stars like Taylor Swift, Adele, Billie Eilish and Elton John will soon be available to play and share on WhatsApp. Universal Music Group, the world’s largest multinational music group featuring some of the world’s biggest artists, signed a multi-year licensing agreement with Mark Zuckerberg’s Meta Platforms on Monday. The deal expands on […]

China orders Apple to remove WhatsApp, Threads, other apps in censorship move: Report

Freedom Capital Markets’ chief global strategist discusses how the TikTok ban could impact the U.S. stock market on Kabuto: Coast to Coast. Apple has removed popular messaging apps such as WhatsApp, Telegram, and Signal from China’s iPhone app store following orders from the Chinese government. wall street journal It was reported on Friday. An Apple […]

Wall Street firms hit with $81M in fines in latest WhatsApp, texting crackdown

A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to resolve Securities and Exchange Commission charges that they failed to meet record-keeping obligations, regulators announced Friday. Settlements with broker-dealers and investment advisers such as Oppenheimer and U.S. Bancorp are part of an SEC investigation into how […]