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SEC Proposes To Amend Broker-Dealer Customer Protection Rule Reserve Account Calculation Requirements

The U.S. Securities and Exchange Commission (SEC) proposed to amend Exchange Act Rule 15c3-3 (the Customer Protection Rule)[1] on July 12, 2023. If adopted, the proposed amendments would increase the frequency with which...more

With Specific Focus on Crypto, SEC Revisits Proposed “Exchange” Definition Changes

The U.S. Securities and Exchange Commission (the SEC or the Commission) voted on Friday, April 14, 2023, to reopen the comment period for previously proposed amendments to Rule 3b-16 under the Exchange Act of 1934 (the...more

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