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JusticeCorroboratingMediumDeveloping
5.8

SEC subpoenas major banks regarding hedge fund Situational Awareness trading activity

The SEC has initiated an inquiry into the trading practices of the hedge fund Situational Awareness following its forced liquidation of positions last month. The subpoenas target major banks to gather data on the fund's activities, though the regulator has not confirmed any wrongdoing.

Valor Econômicoabout 5 hours agoUSCredibility 45%View source

Score Breakdown

Mosaic Score5.8
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

Locations

New York

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country
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