[SEC Proposes Amendments to Custody Rules Allowing Advisors to Enable Clients to Self-Custody Crypto Assets] Golden Finance reported on October 2 that, according to BeInCrypto, SEC Chair Atkins stated on October 1, 'Since the birth of Bitcoin in 2008, our rules have failed to keep pace,' and released a proposal to amend custody rules under the Investment Advisers Act and the Investment Company Act: Registered investment advisors and regulated funds (including mutual funds) may, under certain conditions, allow clients to self-custody crypto assets, and state-chartered trust companies may also serve as qualified custodians. The proposal will be open for a 60-day public comment period after being published in the Federal Register.