Partner Christine Lombardo is quoted by Reuters in an article examining a recent enforcement action from the US Securities and Exchange Commission to nine Wall Street companies over their employees’ use of personal messaging apps to discuss deals, trades, and other related business.
“The regulators are clearly trying to send a message to Wall Street with the scale of the fines," said Christine.
“I do not think it's going away. Part of the problem is that this is a truly hard issue for firms to navigate."