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SEC Proposes Letting Advisers and Funds Self-Custody Crypto Assets

News.Bitcoin.com
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SEC Proposes Letting Advisers and Funds Self-Custody Crypto Assets

Investors could gain access to a wider range of crypto strategies under an SEC proposal. The plan would update longstanding safekeeping requirements for investment advisers and regulated funds under federal securities laws. Advisers and Funds Could Hold Crypto Directly Advisers could hold investors’ crypto directly when a permitted custodian is unavailable under custody changes proposed […]

Key Takeaways

  1. Investors could gain access to a wider range of crypto strategies under an SEC proposal.
  2. The plan would update longstanding safekeeping requirements for investment advisers and regulated funds under federal securities laws.
  3. Advisers and Funds Could Hold Crypto Directly Advisers could hold investors’ crypto directly when a permitted custodian is unavailable under custody changes proposed […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.