Monday, August 24

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Companies The SEC is asking the banks who funded an AI hedge fund that nearly blew up Economy Trump is weighing a 7.5 percent tariff on China, hours after 50 percent on Canada Companies The FTC wants retailers to say when the price is yours alone Economy The sanctions named 60 targets and left Chinese banks off the list Crypto Crypto ETFs grew $23 billion last week, and only $2.6 billion of it was new money Crypto Zcash hit an eight-year high, and Grayscale filed to turn its trust into an ETF Economy Bessent aimed the sanctions at everyone who trades with Iran, not at Iran Economy Washington put 50 percent tariffs on Canadian cars and steel, and gave itself 16 months Companies The SEC is asking the banks who funded an AI hedge fund that nearly blew up Economy Trump is weighing a 7.5 percent tariff on China, hours after 50 percent on Canada Companies The FTC wants retailers to say when the price is yours alone Economy The sanctions named 60 targets and left Chinese banks off the list Crypto Crypto ETFs grew $23 billion last week, and only $2.6 billion of it was new money Crypto Zcash hit an eight-year high, and Grayscale filed to turn its trust into an ETF Economy Bessent aimed the sanctions at everyone who trades with Iran, not at Iran Economy Washington put 50 percent tariffs on Canadian cars and steel, and gave itself 16 months

Topic: prime brokerage

A street sign at the corner of Broadway and Wall Street in lower Manhattan

Monday, 8/24, 09:37 PM

The SEC is asking the banks who funded an AI hedge fund that nearly blew up

Situational Awareness lost billions in July when AI stocks fell and margin calls forced it out.
Citadel took most of its book.
The subpoenas went to the banks that supervised its trading and channeled funding to it.

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