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Sidley says it published an analysis of the SEC’s crypto custody proposal
Sidley said it published an Investment Funds Update examining the SEC’s proposed crypto custody framework and broader custody reforms. The firm said its analysis covers registered investment advisers, registered investment companies and business development companies, including proposed changes affecting advisers without crypto exposure.
Key points
- Sidley said the update examines adviser self-custody and state trust company custody options.Sidley
- The firm said it addresses private fund audit requirements and standing letters of authorization.Sidley
- Sidley said the analysis discusses broker-dealer custody arrangements and fund board oversight.Sidley
- The firm said Etherial Edetan and Claudia Woodfield contributed to the update.Sidley