Definition
Key Takeaways The Securities and Exchange Commission has fined 16 companies $81 million because their employees communicated about business on private texts and did not save the messages.The SEC requires financial companies to save communications in case the commission investigates wrongdoing.The regulator has made a point of enforcing its communication rules in recent years, and has fined compani
In Panel Profits
In the Panel Profits market platform, Texting Employees Cost 16 More Financial Firms $81 Million In Fines applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.