Bloomberg's Compliance Center Move Marks Wider Chat Concerns
The announcement comes at a time when chat services are fighting off reactionary abdication by financial services firms. Some of the largest sell-side firms, including JPMorgan, RBS, Citi, UBS and Deutsche Bank are considering, or have implemented, bans on the use of multi-firm chat rooms.
"We have always focused on the needs of our customers when developing new product functionality, but it's important to distinguish between bilateral chats and multi-firm chat rooms," says a Bloomberg
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