On February 15, 2023, the SEC announced the release of a proposed rule, the Safeguarding Rule, which would constitute a redesignation and enhancement of the current Custody Rule as we know it.
The SEC is requesting public comment within 60 days from publication in the federal registrar. Be on the lookout for further details from Kreischer Miller’s Investment Industry Group.
We would be pleased to provide further information related to this subject matter. For more information, contact Craig Evans, Director, Investment Industry Group at email@example.com.
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