US SEC, Finra withdraw joint 2019 statement on broker-dealer crypto custody
( May 15, 2025, 20:07 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission and the Financial Industry Regulatory Authority that it oversees issued a joint statement withdrawing their 2019 statement regarding broker-dealer custody of digital asset securities. The earlier statement, withdrawn immediately, "articulated various considerations" relevant to many questions, particularly under the SEC’s Customer Protection Rule.Statement follows:...
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