Every Zipp story tagged #InvestmentAdvisers, newest first.
A modeled $433,833 annual cost could leave clients with different investment choices depending on their adviser's custody resources.
The proposal would give advisers and funds a clearer legal framework for holding crypto, with further regulatory proposals expected.
The rule ties certain political contributions to a bar on compensated government work, putting adviser access to public-sector mandates at the center of the proposal.
New federal trust bank charters have widened the field of potential custodians, while the SEC's 2023 effort failed amid industry and small-business objections.
Clearer custody guidance could give investment advisers a more defined compliance path for client-facing digital-asset services.
The rule would let firms default investors into digital delivery of prospectuses and proxy materials, cutting print costs but reviving the long-running fight over informed consent.
CryptoSlate
CoinTelegraph
CoinDesk