In an Aug. 15 article, Ignites examines the growing use of instant messaging tools within the asset management industry, and best practices regarding compliance considerations. Regular training regarding online communications and the compliance implications should be used in conjunction with policing techniques, outlined private investment funds partner Jason Brown (Boston). “Because chat is so informal, employees are not always thinking about all the repercussions of sending a damaging instant message,” says Mr. Brown, who goes on to outline other techniques that will help asset managers reinforce a culture of cyber compliance.
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