As crypto markets tumbled, strict US regulatory rules on risky bank assets largely insulated Wall Street from the chaos, while retail investors were hit hard (Emily Flitter/New York Times)

Emily Flitter / New York Times:
As crypto markets tumbled, strict US regulatory rules on risky bank assets largely insulated Wall Street from the chaos, while retail investors were hit hard  —  As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst.