SEC Issues Subpoenas to Wall Street Banks Over Situational Awareness
NYT New York Times Co
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View chart & analysis → - 1The SEC has sent subpoenas to major Wall Street banks regarding hedge fund Situational Awareness
- 2The requested information concerns the trading activity of funds that liquidated multiple positions via margin calls during last month's AI stock sell-off
- 3Ken Griffin's Citadel bought most of the disclosed equity bets, and the fund said it will fully cooperate with the regulatory request
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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