Firms failed to ensure that all communications went through approved channels
Regulators aim to enhance systemic risk oversight, investor protection
Trading bot used for wash trading, spoofing crypto token
Fund industry critics worry about rules' impact on liquidity, costs
Changes come in the wake of independent review of SRO's arbitration program
Interest-earning program violated state, federal securities laws, regulators alleged
Firm's executive aided Ng's scheme to raise funds with falsified collateral
European regulators flag threats to investors from industry, influencers
Students defrauded into financing fictitious AI-powered hedge fund
Firms use forced arbitration to discourage clients from pursuing complaints