WebbFör 1 dag sedan · The U.S. Securities and Exchange Commission (SEC) recently proposed overhauling the Custody Rule under the Advisers Act to enhance the protection of customer assets managed by registered investment advisers. These enhancements, which are proposed to be embodied in new rule 223-1 under the Advisers ... Webb15 feb. 2024 · For example, the proposed rule requires a qualified custodian to maintain possession or control of assets over which an investment adviser has custody. However, …
SEC proposal amends the Custody Rule - frv.kpmg.us
Webb15 feb. 2024 · “The proposal represents a sea change in the current relationship that clients have with their custodians and the IAA is diving in to understand its implications, especially for smaller advisers... Webb16 feb. 2024 · An SEC effort to impose a uniform standard on investment funds for storing clients’ assets, including cryptocurrencies, has set up a potential clash with state … tampines 1 horror house
SEC.gov SEC Proposes Enhanced Safeguarding Rule for …
Webb6 apr. 2024 · 2 The term “crypto custodian” refers to entities that serve as qualified custodians of digital assets under the Custody Rule, and that may seek to serve in a similar capacity under the Proposed Safeguarding Rule. 3 Custody of Funds or Securities of Clients by Investment Advisers, SEC Release No. IA-2176, 68 FR 56692 (effective … Webb24 feb. 2024 · 24 February 2024 Foley Funds Legal Focus Blog. Author (s): Annie E. Brennan Stuart E. Fross. On February 15 th 2024, the Securities and Exchange Commission (the “SEC”, or the “Commission”) proposed a new safeguarding rule. Comments must be received by the SEC on or before 60 days after the rule’s publication in the Federal … Webb24 mars 2024 · U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they are qualified custodians.” tampines bto red