(https://www.marketwatch.com/story/fewer-dollars-and-fuzzier-standards-inside-the-push-to-weaken-washingtons-toughest-financial-watchdog-2601a0ee?mod=mw_rss_topstories) — the SEC is losing enforcement teeth right as big banks are stretching leverage and compressing accrual quality. This isn't coincidence. When regulators go soft on accounting gray zones, balance sheets get aggressive.

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