Insider trading, brought to you by WhatsApp: The US Federal Bureau of Investigation is facing new challenges clamping down on insider trading now that information is being transmitted on encrypted mediums such as WhatsApp, reports the Financial Times (paywall). In a first, the UK’s Financial Conduct Authority recently fined a banker at Jefferies for using WhatsApp to share confidential information. More cases are likely to follow as the technological race continues, with houses including Goldman Sachs recently investing in an artificial intelligence technology that tracks digital movement across platforms rather than the information being moved.

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