U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their clients, the agency said in a new bulletin.

• 2023-04-21
• SEC digital assets investment advisers the SEC

SEC Proposes Rule That Could Squeeze Crypto Platforms

Wall Street’s main regulator proposed heightened requirements for businesses that safeguard assets for fund managers.

• 2023-02-16
• cryptocurrencies investment advisers digital assets SEC requirements Gary Gensler The proposal the SEC qualified custodian proposal

SEC weighs new rule for safekeeping customers' crypto assets in wake of FTX debacle

The SEC on Wednesday announced a new proposal requiring all crypto assets held for U.S. customers be housing with a "qualified custodian" in the wake of the FTX debacle, among other crypto failure in 2022.

• 2023-02-15
• Gary Gensler investment advisers customer assets crypto assets SEC crypto trading FTX