The U.S. Supreme Court’s Howey case and subsequent case law have found that an “investment contract” exists when there is the investment of money in a common enterprise with a …

We describe the concept of the Staking Layer, a one-of-a-kind, POL-powered chain coordinator, capable of supporting a practically unlimited number of Polygon chains with arbitrary features …

Still an overhang of credit and EM overweights While equities have seen an unwind of positions back to pandemic lows, our metrics suggest that previous OWs in credit, including EM have …

To the Board of Directors and Management Tether Holdings Limited We have examined the assertions by the management of Tether Holdings Limited that its Consolidated Reserves …

FMS on Sectors & Regions i : banks #1 sector OW, chunky cyclical (materials, industrials, UK, Eurozone) positioning persists (Chart 1), but tech saw largest June jump in exposure, while …