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Posted: 2025-05-16 05:58:30 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-16 05:58:43 UTC
Verified By
Rollup News
The SEC has released FAQs providing clarity on how broker-dealer and transfer agent rules apply to crypto assets and distributed ledger technology. Commissioner Peirce views this guidance as a positive, albeit incremental, step forward.
Clarification of custody rules for crypto assets
Guidance on in-kind crypto ETF creations
Application of rules to tokenized securities
Transfer agent's use of distributed ledger technology
Uncertainty regarding the application of existing rules to crypto assets
Need for more fit-for-purpose statements addressing how broker-dealers may custody crypto assets
Lack of clarity on SEC's view regarding the agency's rules with respect to transfer agent rules