The SEC recently asked at least sixteen investment firms for their WhatsApp messages for the first half of 2021. The list included five major private equity underwriters (PEU), several hedge funds and huge market maker Citadel.
Citadel is fresh off a $7 million settlement with the SEC for "alleged order placement errors and misrepresentation of short sales."
It appears Ken Griffin's firm will fight the SEC's request and may do so in conjunction with the PEU boys. Billionaires have access to elected official at all levels.
Politicians Red and Blue love PEU and increasingly, more are one. Is any of that love in WhatsApp messages during the first half of 2021? What kinds of evil may be lurking in PEUdora's Box? Ken Griffin wants it kept closed.
