Regulators hit Wall Road banking institutions with $549 million in penalties for history-trying to keep failures

Regulators hit Wall Road banking institutions with 9 million in penalties for history-trying to keep failures

Crucial Points

U.S. regulators on Tuesday announced a combined $549 million in penalties from Wall Avenue corporations that failed to retain digital information of worker communications.
The Securities and Trade Fee announced expenses and $289 million in fines against 11 corporations for “common and longstanding failures” to keep records, together with by enabling workers to use unsupervised aspect channels such as messaging applications WhatsApp and Signal, the regulator said.
The Commodity Futures Trading Commission also said it fined 4 banks a whole of $260 million for failing to sustain information needed by the agency.

Supply

Finance

Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more

October 1, 2025

Check out the companies making the biggest moves midday: Drug stocks — Shares of drugmakers rallied a second day as investors bet the industry will strike more deals with the Trump administration. On Tuesday, Pfizer received a three-year exemption to tariffs in exchange for investing in domestic manufacturing and discounting drug prices for Medicaid patients. Pfizer […]

Finance

Dollar falls on U.S. government shutdown, now on pace for worst annual decline in 22 years

October 1, 2025

The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year. Jackal Pan | Moment | Getty Images The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact. The dollar […]

Finance

Prediction markets see government shutdown lasting nearly two weeks

October 1, 2025

A view of the U.S. Capitol is seen at sunset on September 30, 2025, in Washington, DC. Mehmet Eser | Afp | Getty Images Traders in prediction markets are betting that the U.S. government shutdown could drag on for nearly two weeks, with odds rising that Congress will not reach a deal until at least […]