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: SEC levies $4 mln penalty on JPMorgan Chase for deleting 47 mln ‘electronic communications’

MarketWatch

The Securities and Exchange Commission on Thursday said it’s requiring JPMorgan Chase & Co. JPM to pay a $4 million penalty for allegedly violating rules for broker dealers to preserve all communications for at least three years. The SEC said JPMorgan deleted approximately 47 million communications between Jan. in recent trades.

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Weekend Reading For Financial Planners (March 23-24)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC has recently been cracking down on firms for recordkeeping failures related to electronic communications, including their use of text messaging with prospects and clients.

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Best Defence Stocks With High FII Holdings To Add To Your Watchlist

Trade Brains

Under the defence segment, the company manufactures Radar and Fire Control Systems, Weapon Systems, Communication, Electronic Warfare Systems, Network network-centric systems (C4I), Avionics, Anti-Submarine Warfare Systems and sonars, Electro-Optics, Tank Electronics, Gun Upgrades, and Strategic Components. Stock P/E 31.5

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Best Blue Chip Stocks Under Rs 500 – Wealth-Building on a Budget

Trade Brains

They have a client base that is in sectors from Aerospace & Defence to Banking, Communications, Consumer Electronics to Healthcare. The Financial Services sector brings in ~35% of Wipro’s revenue, followed by the Consumer sector which consists of Electronics and other packaged goods. This brought in ~18% of FY23’s revenue.

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Transcript: Lynn Martin

The Big Picture

So I tend to view computer coding not that dissimilar to communicating in a foreign language. A lot of times you’re learning your French, Spanish to communicate with someone in a different country. When you’re learning computer coding, you’re just learning how to communicate with a machine. MARTIN: Yeah.

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Best Midcap Stocks with High ROE To Add To Your Watchlist

Trade Brains

Interest Income and Income from Brokerage & Commission increased by 42% & 31% respectively. The Company has a geographical presence in over 16 countries, specializing in Automotive, Broadcast & Communication, and Healthcare verticals. Angel One grew its revenue by over 32% from Rs. 2297 Cr in FY22 to Rs. 3021 Cr in FY23.

Clients 59
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Transcript: Steven Klinsky

The Big Picture

So you sell a lot of houses and you get commission on what you sell. KLINSKY: — that, you know, when we found it, it was a very messed-up conglomerate doing race track tote boards and defense electronics. And people thought the Japanese were all going to destroy all American electronics. You control it. RITHOLTZ: I recall.

Investing 257