DeFiNeutralThe Defiant · 6d ago7/10
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SEC Gives DeFi Front-Ends a Narrow Path Around Broker-Dealer Rules
The SEC's Division of Trading and Markets has issued new staff guidance establishing specific conditions under which decentralized finance front-ends offering self-custody services can operate without requiring broker-dealer registration. This clarification provides legal relief to DeFi platforms by creating a narrower but defined regulatory pathway, though compliance requirements remain substantial.
