96.7% of community banks report unrealized losses, while Finra underreports $4 trillion in hedge fund margin loans.
https://www.fdic.gov/system/files/2024-09/qbp.pdf Finra, a Wall Street regulator is understating Margin Debt by more than $4 TRILLION dollars, by not counting gigantic Meme Banks who make Margin Loans to Hedge Funds Most market watchers rely on the monthly margin debt figures published by Wall Street’s self-regulator, FINRA, as the reliable gauge in determining how much of securities …