Wall Street’s biggest banks are set to return tens of billions of dollars to investors after all the lenders passed the Federal Reserve’s annual test of their ability to withstand market turmoil.

Large hedge funds and private-equity firms may soon have to start reporting steep losses, major redemptions and other extraordinary events in near real-time to the U.S. Securities and Exchange Commission -- a change that the regulator says will help it protect the financial system during meltdowns and wild swings like the meme stock mania that roiled markets a year ago.

Wall Street’s top regulator is calling for a broad review of rules that underpin U.S. equity trading, the latest evidence that the meme-stock mayhem is likely to trigger an overhaul.

Wall Street’s main regulator is signaling that the Biden era will spell tougher oversight for cryptocurrencies and blank-check companies, two of the white-hot market’s most talked-about asset classes.

Critics says the Labor Department is inappropriately using the coronavirus to loosen restrictions on 401(k) investments.