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SEC Focus on Communication Compliance
Various businesses have frequently utilized instant messaging applications to communicate with their customers. Since many clients prefer using apps like WeChat and Telegram over other business methods, many bankers and dealers in the financial services sector find them convenient communication channels. However, these communication platforms lack end-to-end encryption that can safeguard an individual’s privacy because it is censored and monitored. For this reason, it is subject to monitoring like WeChat compliance, which works the same way…
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