#broker-dealer2 articles

2 articles

CryptoBullishcrypto.news · 2h ago7/10

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SEC proposal could remove crypto from OTC reporting requirements

The U.S. Securities and Exchange Commission has proposed new rules that could remove cryptocurrency from over-the-counter (OTC) reporting requirements. SEC Commissioner Hester Peirce indicates this proposal aims to clarify years of confusion regarding how broker-dealer rules apply across different markets.

CryptoNeutralCoinTelegraph · 3h ago6/10

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SEC seeks comment on crypto handling in OTC broker-dealer rule

The SEC has proposed narrowing Rule 15c2-11 to apply only to equity securities and is seeking public comment on whether the rule should extend to certain crypto assets. This regulatory development could impact how crypto assets are handled in over-the-counter broker-dealer operations.