Regulators Zero In On Odd Stock Moves Before Crypto-Treasury Deal Announcements

TLDR: SEC, FINRA contact more than 200 firms about sharp stock gains ahead of crypto-treasury announcements. Regulators warn these firms may have violated Reg FD by disclosing material nonpublic info. Leaks from confidential investor briefings appear to have driven pre-announcement price volatility. No enforcement actions yet; probes focus now on disclosure compliance and insider knowledge. [...]

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