SEC Proposes Custody Rule Changes Allowing Advisers and Regulated Funds to Self-Custody Crypto Assets

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On October 1, 2026, the Securities and Exchange Commission (SEC) proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds. Notably, the proposed changes would permit investment advisers to self-custody clients’ crypto assets and to use state trust companies as custodians, subject to certain conditions….
By: Stinson LLP
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