The SEC calls them "firms" but they are companies and it talks of "charges" but it's a civil action. And all 12 companies have "settled" all because they didn't do their paperwork properly.

Nine investment advisers and three broker-dealers were sued over failures by the companies and their personnel to maintain and preserve electronic communications, in breach of recordkeeping provisions of the federal securities laws.

The companies admitted the facts set out in their respective SEC orders, acknowledged that their conduct breached record keeping provisions of the federal securities laws, agreed to pay combined civil penalties of USD63.1 million, as outlined below, and have begun implementing improvements to their compliance policies and procedures to address these violations. One defendant self-reported its failures and, as a result, will pay significantly lower civil penalties than it would have otherwise have done.

Blackstone Alternative Credit Advisors LP, together with Blackstone Management Partners L.L.C. and Blackstone Real Estate Advisors L.P., agreed to pay a combined $12 million penalty;
Kohlberg Kravis Roberts & Co. L.P. agreed to pay a $11 million penalty;
Charles Schwab & Co., Inc. agreed to pay a $10 million penalty;
Apollo Capital Management L.P. agreed to pay a $8.5 million penalty;
Carlyle Investment Management L.L.C., together with Carlyle Global Credit Investment Management L.L.C., and AlpInvest Partners B.V., agreed to pay a combined $8.5 million penalty;
TPG Capital Advisors LLC agreed to pay an $8.5 million penalty;
Santander US Capital Markets LLC agreed to pay a $4 million penalty;
PJT Partners LP, which self-reported, agreed to pay a $600,000 penalty.