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Goldman Probed Over Messages Sent Using Unapproved Services (1)

Feb. 25, 2022, 5:23 PM

Goldman Sachs Group Inc. became the latest bank to be investigated over employee communications over unapproved messaging services.

The New York-based company is cooperating with the Securities and Exchange Commission and producing documents related to a probe into “compliance with records preservation requirements relating to business communications sent over electronic messaging channels that have not been approved by the firm,” it said in a regulatory filing Friday.

In December, the SEC and Commodity Futures Trading Commission imposed $200 million in fines on JPMorgan Chase & Co., saying that even managing directors and other senior supervisors at the bank had ...