It’s time to get the message about getting messages

OPINION: The SEC wants firms to understand they have to sort out recordkeeping compliance for texts and mobile apps, says Global Relay’s Executive VP Chip Jones.

In mid-November, the SEC released its 2022 fiscal year enforcement results and statistics. Unsurprisingly, 2022 was a record year from a money ordered perspective, totaling $6.4bn.

Of that total, $4.2bn was in penalties, which was almost four times the amount for any of the past five years. What does it mean? In

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in