First Take: SEC’s Proposed Overhaul of Custody Rules – October 13

The US Securities and Exchange Commission recently proposed significant changes to the custody rules applicable to registered investment advisers and regulated funds, including new frameworks addressing the custody of crypto assets and broader updates intended to modernize existing custody requirements.

Join us for an overview of the proposal and insights into what advisers, funds, and other industry participations should consider.

TOPICS WILL INCLUDE:

• Proposed requirements for the custody and self-custody of crypto assets
• The use of state trust companies as custodians of crypto assets
• Modernization of the Investment Advisers Act custody framework
• Modernization of the Investment Company Act custody framework, including requirements applicable to regulated funds

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