EconomyNew SEC crypto rules threaten small advisers, but big firms win

The SEC’s proposed crypto custody fallback could expand investment options while favoring larger advisers. Its analysis estimates annual costs of $433,833 per adviser, including an independent control report and recurring compliance work, while excluding some potentially significant technology expenses. Smaller firms may decline to offer the service, whereas larger firms could spread costs across more clients, assets or affiliates.

cryptoSECcustody rulesinvestment advisers

CCryptoSlate★★☆☆☆2026-10-03 01:30Original