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SEC eyes hedge funds as issue of personal messaging use gets hotter

Gary Gensler
Photo: Kevin Dietsch/Getty Images

Martin Cloake

1 min read
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It’s becoming increasingly clear that financial services firms need to get to grips with personal messaging.

Tensions over the use of personal messaging apps such as WhatsApp by financial services professionals have been turned up a notch after the SEC widened its focus from banks to hedge funds.

While no one is providing any official comment, the regulator is widely reported to have asked Point72 Asset

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