Citigroup is the latest financial services firm that's under investigation by the Securities and Exchange Commission over its monitoring of employee communications, according to news reports.

The regulator is looking into Citi’s record-keeping compliance as part of a broader sweep of broker-dealers and investment advisors’ monitoring of employee communications over unapproved communication channels, Reuters writes, citing a regulatory filing published on Monday.

Citi says in the filing that it’s cooperating with the investigation, according to the news service.

Goldman Sachs disclosed last week that the SEC was scrutinizing how the firm keeps track of employee communications.

In December, meanwhile, JPMorgan admitted to failures in monitoring employees’ communications via personal devices and accounts and agreed to pay $200 million in penalties to the SEC and the Commodity Futures Trading Commission, as reported.

In announcing the JPMorgan settlement, the SEC warned that it was also investigating other firms for potential recordkeeping violations.

Do you have a news tip you’d like to share with FA-IQ? Email us at editorial@financialadvisoriq.com.