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‘Heed This Message’: Organizations That Fail to Contemplate Off-Channel Communications ‘Do So at Their Own Peril’

Discovery Advocate

In addition to agreeing to pay the fines, the firms committed to improving their compliance mechanisms to prevent such violations in the future. Even if company policies forbade such off-channel communications, the firms were nevertheless culpable for “failing to reasonably supervise with a view to preventing and detecting those violations.”

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SEC and CFTC Continue Crackdown on Financial Firms Over Off-Channel Communications

Discovery Advocate

Employers should ensure that they maintain and consistently update policies and compliance procedures regarding record retention and the use of personal devices as regulators and prosecutors continue to focus on off-channel communications.

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11 ChatGPT Prompts to Transforming Your Legal Practice

Lawmatics

This ground-breaking fusion of natural language processing and machine learning aids firms with contract analysis, due diligence, and regulatory compliance. Blue J L&E reconsiders legal research and analysis, using AI to predict case outcomes and probe complex legal issues—analyzing factors and outcomes, not merely keywords.