Wire · regulatory
SEC custody plan: non-security crypto for broker-dealers; OMB next
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Fusion42 · 22 September 2026 · Fusion42 review
The SEC plans new custody rules to allow broker-dealers to hold non-security crypto assets without special registration and clarify where investment advisers can hold client crypto assets, with the proposal now under Office of Management and Budget review.
This Wire brief sits within Fusion42's coverage of Fintech, and 10 sources have reported it between 22 Sep 2026 and 3 Oct 2026.
◆ ◆ The Wire takeaway
You must prepare to navigate new SEC custody rules letting broker-dealers handle certain crypto assets without extra registration. The changing guidance opens fresh market access but demands compliance readiness as regulators formalise their approach.
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10 sources · first reported 22 Sep 2026 · latest 3 Oct 2026
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