Tag: Signal

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U.S. House Bans WhatsApp on Government Devices Over Privacy Concerns

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the staff of the Ridgewood blog

WASHINGTON, D.C. — In a move raising questions about digital privacy and government tech policy, the U.S. House of Representatives has officially banned the use of WhatsApp on government-issued devices. The decision, issued by Chief Administrative Officer Catherine Szpindor, cites a lack of transparency surrounding Meta’s data privacy and security practices as the primary concern.

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SEC Charges 11 Wall Street Firms for use of Signal, WhatsApp to Evade Regulators’ Scrutiny

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the staff of the Ridgewood blog

Washington D.C. , the Securities and Exchange Commission today announced charges against 10 firms in their capacity as broker-dealers and one dually registered broker-dealer and investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications. The firms admitted the facts set forth in their respective SEC orders. They acknowledged that their conduct violated recordkeeping provisions of the federal securities laws, agreed to pay combined penalties of $289 million as outlined below, and have begun implementing improvements to their compliance policies and procedures to address these violations.

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