2 outlets·2 reports·over 4h
SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto
ThinkingNews Desk · how this was written
The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.
From Decrypt's report. The cross-source account is still being written.
How it was reported
- Decrypt·SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto
The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.
- Cointelegraph·SEC moves to clear custody hurdle for advisers offering crypto
Custody requirements have kept some investment advisers from offering certain crypto to clients, a regulatory hurdle the SEC’s proposal could remove.
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