The SEC stepped back. FINRA didn't. See how off-channel communications enforcement has shifted and how broker-dealers can stay examination-ready.
How the mobile revolution is changing business communication: created by Bovee and Thill, the authors of the best-selling college textbooks in business communication for more than 40 years, who explain and illustrate mobile communication in every chapter. The resources below will help you spend less time preparing and more time teaching about this topic. For more information about Bovee and Thill's texts and the coverage they give to all aspects of business communication, visit https://blog.businesscommunicationnetwork.com. For instructor examination copies, go to https://blog.businesscommunicationnetwork.com/texts/. To find your local sales representative, visit https://www.pearson.com/en-us/help-and-support/contact-us/find-a-rep. To contact the authors, use this form: https://businesscommunicationnetwork.com/contact-us/. To get a free Comprehensive Guide to Business Communication Instructional Resources, visit https://blog.businesscommunicationnetwork.com/resources/. Subscribe to a free weekly newsletter of new posts to all 11 of Bovee and Thill's Online Magazines: https://sco.lt/8kgeVV.
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Bovee & Thill's Online Business Communication Magazines's curator insight,
February 19, 2015 4:57 PM
The latest editions of Bovée and Thill’s business communication textbooks offer extensive coverage of mobile communication, with numerous features to help you and your students.
Bovee & Thill's Online Business Communication Magazines's curator insight,
February 14, 2015 4:40 PM
Writing, speaking, and listening skills are as vital as ever, but those skills have to be put to use in an environment that has been disrupted by waves of game-changing technologies in recent years. One of the most disruptive changes to ever hit the field of business communication is taking place right now—and in fact, your students are probably holding it in their hands this minute. |
The off-channel story started with a $125 million fine against JPMorgan in December 2021 over WhatsApp messages the firm hadn't retained. Over the next three years the SEC and CFTC charged more than 100 firms and collected over $3 billion for the same category of failure, including $63 million across twelve firms in January 2025. Then the SEC went quiet, and plenty of compliance officers concluded the pressure was off.
FINRA hadn't gone anywhere. It runs its own examinations on its own calendar under the same rulebook, and it kept issuing fines straight through the lull. In June 2025 a routine cycle examination at Velox Clearing produced $1.3 million in FINRA sanctions plus another $500,000 from the SEC, after the firm's CEO and senior staff conducted client business over WeChat and more than 10,000 messages went unretained.
The lesson travels well past financial services. Where a business message lives has nothing to do with whether it's a business record, and the convenience of answering a client from your own phone, on an app you already have open, is exactly what creates the exposure. Ask students which of their last ten work-related messages their employer could retrieve, and what they'd do differently knowing the answer.