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SEC Sued For Info On Text Message Sweeps

By Jessica Corso (June 6, 2024, 8:47 PM EDT) -- The American Securities Association sued the U.S. Securities and Exchange Commission in Florida federal court on Thursday, pushing for the disclosure of evidence it says could shed light on how the regulator came to impose billions of dollars' worth of fines against firms whose employees communicate business-related information over unmonitored texting and chat apps....

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