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2021-03-30

Is there a tl:dr ?

SEC Says It’s Been Monitoring Archegos Fallout Since Last Week

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Among the companies sold were GSX Techedu Inc. and Discovery Inc.</p>\n<p>Banks including Credit Suisse Group AG and Nomura Holdings Inc. are warning investors that they may face “significant” losses after an unnamed U.S. hedge fund client defaulted on margin calls. 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