Regulator sanctions representative for routing client funds through personal accounts in off‑book cash swaps
Stablecoin boom fuels illicit flows and threatens US$500 billion in bank deposits
Big US banks eye up to US$200 billion in capital relief as Trump’s lawsuits escalate legal risk
New requirements hit all funds, even non-reporting issuers
New rules streamline conflict-of-interest reporting and trim class-level disclosures, targeting burden reduction for fund managers while preserving investor protection
Decision details payments tied to a home purchase and client accounts