FTX co-founder Sam Bankman-Fried formally applied for a presidential pardon, more than two years after he was convicted over the multi-billion dollar collapse of his once-thriving cryptocurrency empire.

FTX co-founder Sam Bankman-Fried formally applied for a presidential pardon, more than two years after he was convicted over the multi-billion dollar collapse of his once-thriving cryptocurrency empire.

Western Asset Management Co. reached a $100 million settlement with the Securities and Exchange Commission to resolve an investigation related to trading practices of its onetime star manager Ken Leech.

Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace.