SEC Probes Private Equity Giants on Messaging and WhatsApp Usage for Work
Posted on 11/10/2022
U.S. regulators are probing private equity giants on their employees’ usage of messaging apps, while examining compliance with record-keeping rules. The U.S. Securities and Exchange Commission (SEC) sent letters to Apollo Global Management, Carlyle Group, and KKR & Co. asking about their use of electronic messaging for business. This includes the usage of WhatsApp (owned…