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

CNBC•Tue, Aug 25, 2026, 09:35 AM•2 min read

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

Source: [CNBC](https://www.cnbc.com/2026/08/25/sec-situational-awareness-hedge-fund-subpoenas.html)

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