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SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse - CNBC

SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse - CNBC

The SEC is seeking information from major Wall Street banks about trades and financing tied to AI-focused hedge fund Situational Awareness.

The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situationalโ€ฆ [+1880 chars]

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