SEC proposal on how investment advisers and funds can custody crypto assets
Primary source: U.S. Securities and Exchange Commission ↗
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds
Summary
The SEC proposed rules and amendments setting a tailored custody framework for crypto assets held by registered investment advisers and regulated funds.
What it means for banks
Banks acting as qualified custodians could see new demand from advisers and funds; the final custody standards will shape their product requirements.
Analysis, not advice.
AIAI-assisted: summary and bank-impact text were drafted with AI from the primary source. AI-drafted from the primary source; quote string-matched by scripts/verify.mjs. Methodology · Report an error
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