Recordkeeping

Recordkeeping obligations require firms to preserve business communications in a retrievable form. Enforcement against the use of unmonitored messaging apps has produced some of the largest fines of the last decade, entirely independently of any manipulation.

compliance and practice · updated 2026-11-06

See also

• Chat surveillance — Chat surveillance monitors traders' electronic communications for evidence of collusion or intent. The benchmark cases were made s…
• Compliance — Compliance is the function inside a regulated firm responsible for ensuring it follows applicable rules. In manipulation matters, …

Terms that refer here

Chat surveillance · Subpoena

Back to the full glossary — 282 defined terms.