Did you see the latest fine that the SEC dished out?

October 20, 20221 min readUpdated February 2, 2023BankingBanksUs banksBrians blog

Did you see the latest fine that the SEC dished out?

The U.S. Securities and Exchange Commission confirmed this week that it has levied a $35 million penalty against Morgan Stanley Smith Barney related to the firm’s failure to protect its customers’ personal identifying information (PII) over a five-year period. The data security failures reportedly impacted the personal information of roughly 15 million MSSB customers.

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