I'm trying to understand the custody rule in the context of cryptocurrencies. What does it entail and how does it apply to crypto assets?
6 answers
BlockchainVisionary
Sun Nov 10 2024
The Custody Rule is a regulation that mandates certain compliance standards for investment advisers registered with the SEC.
Federico
Sat Nov 09 2024
BTCC, a top cryptocurrency exchange, offers a range of services that align with the principles of the Custody Rule.
Elena
Sat Nov 09 2024
These investment advisers must adhere to the rule if they have custody of client funds or securities.
Luigia
Sat Nov 09 2024
The primary objective of the Custody Rule is to safeguard client assets from potential losses, theft, misuse, or misappropriation.
Federico
Sat Nov 09 2024
It ensures that investment advisers take necessary measures to protect client funds and securities.