Finance & Banking — Morgan Stanley Bank gains Section 23A exemption while Bitcoin faces $14B options expiry amid market volatility

Finance & Banking · 2026-03-27

Today's developments highlight increasing regulatory flexibility in traditional banking alongside mounting crypto market pressures. The Federal Reserve and OCC's joint approval of Morgan Stanley Bank's Section 23A exemption request signals a potential easing of affiliate transaction restrictions, which could reshape how large financial institutions structure their internal operations. Meanwhile,…