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SEC Investigates Major Banks Over Margin Lending Practices

Key takeaways

  • The SEC has subpoenaed Goldman Sachs, JPMorgan, Citigroup, and Bank of America regarding margin lending to a hedge fund that faced significant losses.
#SEC#Wall Street#Margin Lending#Hedge Funds

Analysis

The SEC has subpoenaed Goldman Sachs, JPMorgan, Citigroup, and Bank of America regarding margin lending to a hedge fund that faced significant losses.

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