WASHINGTON, Jan 13 (Reuters) - Wall Street firms
including Blackstone, Apollo Capital Management and
Carlyle have agreed to pay more than $63 million for
violating U.S. Securities and Exchange Commission rules over
record-keeping, the regulator said on Monday.
The investment advisers and broker-dealers also admitted
they violated rules in connection with employees' use of
off-channel communications platforms such as WhatsApp, the SEC
said in a statement.
The funds are the latest of dozens of Wall Street firms that
have paid stiff penalties over the last few years to settle
related charges. The SEC's investigative sweep, launched in
2021, has been a major initiative under outgoing SEC chair Gary
Gensler that has ensnared big banks and others.
As part of the settlements announced on Monday, the firms
acknowledged their conduct violated record-keeping provisions,
and have begun implementing improvements to their compliance
policies and procedures, the SEC said.
The firms are:
* Blackstone Alternative Credit Advisors LP
* Blackstone Management Partners LLC
* Blackstone Real Estate Advisors LP
* Kohlberg Kravis Roberts & Co. LP
* Charles Schwab ( SCHW ) & Co
* Apollo Capital Management LP
* Carlyle Investment Management LLC
* Carlyle Global Credit Investment Management LLC
* AlpInvest Partners B.V.
* TPG Capital Advisors LLC
* Santander US Capital Markets LLC
* PJT Partners LP