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SEC subpoenas banks over Situational Awareness hedge fund collapse
The regulator sought details on the fund's trades, leverage, and communications with lenders including Goldman Sachs, JPMorgan, Citigroup, and Bank of America
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fortune.com
SEC subpoenas Wall Street banks over Situational Awareness | Fortune
The information being sought is related to the trading activity of the hedge fund, which came under pressure and was forced to exit many of its positions last month.
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techcrunch.com
Situational Awareness, star AI hedge fund that nearly imploded, now being probed by the SEC | TechCrunch
The AI hedge fund went from "the talk of Wall Street" to "subject of federal subpoenas" faster than you can say "diversify your portfolio."
