The SEC has subpoenaed four banks over Situational Awareness
This story is from 2026-08-26. It is preserved in the archive; the latest stories are on the live feed.
American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the fund’s trades, and its communications with lenders about the money it was borrowing. It also told the banks…
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- 2026-08-26 10:51 · The Next Web
The SEC has subpoenaed four banks over Situational Awareness