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Market Impact: 0.18
SEC Looks Into Trading at Situational Awareness
Source: Bloomberg
Regulation & LegislationLegal & LitigationBanking & Liquidity
The SEC reportedly issued subpoenas to major Wall Street banks in connection with the hedge fund Situational Awareness. The development is regulatory in nature and may increase compliance/legal risk for involved banks, but no direct financial impact or figures were provided.
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