Regulators Seek Info On Wall Street Messenger Platform

Financial regulators in New York are concerned that a new messaging platform could encourage traders to commit misdeeds.

The large Wall Street banks have been working on a messaging platform developed by Symphony Communications. Now Anthony J. Albanese, acting superintendent at the New York State Department of Financial Services, has raised his concerns about the platform, writes Nathaniel Popper for The New York Times.

Financial regulator concerned by capabilities of new platform

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