Securities and Exchange Commission issues guidance on crypto custody for RIAs

Securities and Exchange Commission: The Securities and Exchange Commission is the primary U.S. federal regulator responsible for enforcing federal securities laws, overseeing securities markets, and protecting investors. It recently issued guidance focused on crypto asset custody requirements applicable to registered investment advisers. The release provides updated compliance expectations for how RIAs may handle digital assets in their advisory practices. Compliance Focus: The new materials address how investment advisers can meet custody obligations when managing client crypto holdings. Regulatory Guidance: The SEC published a dedicated fact sheet accompanying its release on crypto custody standards for registered investment advisers.