[Statement by the U.S. SEC on Broker-Dealers Custodying Crypto Asset Securities] The U.S. SEC Division of Trading and Markets issued a statement indicating that it would not object to broker-dealers treating crypto asset securities held for customer accounts as having 'physical possession or control' under Rule 15c3-3(b)(1), provided the following measures are implemented. These measures include: access and transferability of crypto asset securities, evaluation of the characteristics of distributed ledger technology, suspension of custody operations due to security or operational issues, private key protection measures, and safeguards in the event of disruptions.
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