U.S. markets closed
  • S&P 500

    4,122.47
    -17.59 (-0.42%)
     
  • Dow 30

    32,774.41
    -58.13 (-0.18%)
     
  • Nasdaq

    12,493.93
    -150.53 (-1.19%)
     
  • Russell 2000

    1,912.89
    -28.31 (-1.46%)
     
  • Crude Oil

    90.54
    -0.22 (-0.24%)
     
  • Gold

    1,810.50
    +5.30 (+0.29%)
     
  • Silver

    20.50
    -0.12 (-0.58%)
     
  • EUR/USD

    1.0215
    +0.0020 (+0.19%)
     
  • 10-Yr Bond

    2.7970
    +0.0320 (+1.16%)
     
  • GBP/USD

    1.2079
    -0.0002 (-0.02%)
     
  • USD/JPY

    135.0460
    +0.0730 (+0.05%)
     
  • BTC-USD

    23,175.90
    -772.92 (-3.23%)
     
  • CMC Crypto 200

    537.23
    -20.12 (-3.61%)
     
  • FTSE 100

    7,488.15
    +5.78 (+0.08%)
     
  • Nikkei 225

    27,999.96
    -249.28 (-0.88%)
     

Jefferies Expects $80 Million Fine in Wall Street Texting Probe

·1 min read

(Bloomberg) -- Jefferies Financial Group Inc. said it expects to pay $80 million related to a sweeping US investigation into the use of unapproved personal devices for business communications.

Most Read from Bloomberg

The combined penalty would be paid to the US Securities and Exchange Commission and the Commodity Futures Trading Commission, the investment bank said Monday in a filing.

Regulators have been investigating Wall Street banks for failing to monitor employees using unauthorized messaging apps. Financial firms are required to track communications by staff to head off improper conduct.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.