The U.S. Securities and Exchange Commission recently charged an investment adviser with illegal allocation of trades based on statistical results, implying that statistically eliminating chance for certain profitable trades proves a fraudulent motive. However, that is not always the case, and one should not base “intent” on statistical analyses. Click the link below to read the Law360 guest column by Tiago Duarte-Silva and Nicolas Morgan.
New study from CRA finds no material impact of stablecoins’ adoption on community bank deposits
A new empirical study by CRA addresses this pressing question—and finds no evidence of a material funding risk to community banks from current and near-future...