Operating margin of 45.9% increased 260 bps from the three months ended June 30, 2025 on an as-adjusted basis
Operating income of $5.6 billion increased $1.5 billion and operating margin of 45.2% increased 200 bps from the six months ended June 30, 2025 on an as-adjusted basis
The Company was required to maintain approximately $2.2 billion in net capital in certain regulated subsidiaries and was in compliance with all applicable regulatory net capital requirements
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedthree sentences · whole, uncut
the claims it rests on · in our words, not the filing’s