In the Margins
The “London Whale” trader has broken nearly four years of silence, sending a single-spaced, more than three-page letter to publications. In it, Bruno Iksil said he was made a scapegoat for trades that were “initiated, approved, mandated and monitored” by senior management at his then-employer JPMorgan. “For no good reason, I was singled out by the media,” he said. Read the original story from MarketWatch.
Most Read
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...
Tokenization of financial assets has expanded rapidly since the beginning of 2025, even in the absence of regulatory clarity around issues such as custody, trading, and ...
As the trend toward opening private investment opportunities to retail investors grows, there are a number of issues coming to the forefront for the fund industry—including ...
The U.S. Supreme Court on Monday agreed to consider whether private parties should be allowed to bring claims that fund contracts violate the Investment Company Act ...