MassMutual Pays Fine Over Failure to Supervise Social Media Posts - Barron's

A unit of Massachusetts Mutual Life Insurance Company agreed to pay $4 million to settle charges it failed to properly supervise the social media activity of its employees, including Keith Gill who became an Internet sensation under the online pseudonym Roaring Kitty.

The brokerage’s “compliance failures were systemic and not unique to Gill,” the Massachusetts Securities Division, the state’s regulator, said in a consent order issued on Sept. 15.

MML...



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