SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto - Decrypt
The SEC proposed a tailored framework for how registered investment advisers and regulated funds can custody crypto.
Wall Street regulator proposes rules on investment adviser crypto asset custody
WASHINGTON, Oct 1 : The US Securities and Exchange Commission on Thursday proposed new rules it said would help govern investment funds' custody of crypto assets under federal securities laws, according to a statement.SEC Chair Paul Atkins said in a statement the new regulations "would provide a clear regulat
Wall Street regulator proposes rules on investment adviser crypto asset custody
WASHINGTON, Oct 1 : The US Securities and Exchange Commission on Thursday proposed new rules it said would help govern investment funds' custody of crypto assets under federal securities laws, according to a statement.SEC Chair Paul Atkins said in a statement the new regulations "would provide a clear regulat
US SEC Proposes New Crypto Custody Rules for Investment Advisers and Funds - Blockonomi
TLDR SEC proposes a tailored crypto custody framework for investment advisers and regulated funds. Advisers could self-custody certain crypto assets when specified conditions are met. State trust companies could qualify to safeguard crypto assets for advisers and regulated funds. The proposal updates custody requirements under two major federal investment laws. Public comments will remain open
US SEC Proposes New Crypto Custody Rules for Investment Advisers and Funds - Blockonomi
TLDR SEC proposes a tailored crypto custody framework for investment advisers and regulated funds. Advisers could self-custody certain crypto assets when specified conditions are met. State trust companies could qualify to safeguard crypto assets for advisers and regulated funds. The proposal updates custody requirements under two major federal investment laws. Public comments will remain open
last updated on 2 Oct 03:53