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Societe Generale Gets Pulled Into SEC’s Widening Messaging Probe

Societe Generale SA has been drawn into the industry-wide investigation by the US Securities and Exchange Commission whether banks’ staff have made use of unauthorized communication channels.

The French lender’s US unit received an information request from the SEC “focused on compliance with record-keeping requirements in connection with business-related communications on messaging platforms that were not approved by the firm,” it said Wednesday.