The SEC has placed the revision of rules for broker-dealers, with adaptations for crypto assets, on its active regulatory agenda. The changes will affect three key areas: requirements for minimum liquid capital, protection of client assets, and recordkeeping.
For now, this is a position on the agenda rather than a published draft. A public discussion, industry comments, and a commission vote lie ahead.
The revision of rules for broker-dealers is also part of SEC Chair Paul Atkins’ broader crypto agenda.
Continue reading this article on source: sec.gov