SEC Bogged Down With Activist Rules? That's What Hedge Funds Are Hoping

Also, FDIC favors lots more deposit insurance for business accounts with banks footing the bill

Friday was a pretty busy day in the financial world. The Fed and FDIC released critical reports on their supervision of Silicon Valley and Signature banks, while yet another mid-sized lender headed toward collapse. So from the SEC’s standpoint, it may have been an ideal time to drop the news that one of its major policy initiatives targeting activist in…