NEWS

Goldman to pay $5.5M CFTC fine over alleged recordkeeping failures.

Software issues caused the bank to fail to record thousands of phone calls, violating recordkeeping rules and a prior cease-and-desist order, the agency said…. Read more

Wells Fargo to pay $200M to settle WhatsApp probes.

The San Francisco-based lender is one of 11 firms, including BNP Paribas, that reached settlements with the SEC on Tuesday, as U.S. regulators continue their crackdown on records retention violations… Read more

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach.

U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo
and a raft of smaller or non-U.S. firms that failed to maintain electronic records of employee communications… Read more

SEC Charges Danske Bank with Fraud for Misleading Investors about Its Anti-Money Laundering Compliance Failures in Estonia

Bank Agrees to Pay More than $400 Million to Settle SEC Charges… Read more