Akin Comment Letter on the SEC’s Proposed Safeguarding Rule

May 10, 2023 | Reading Time: 1 min

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Akin Comment Letter on the SEC’s Proposed Safeguarding Rule

May 10, 2023

Reading Time : 1 min
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Akin Comment Letter on the SEC’s Proposed Safeguarding Rule

By: Jason Daniel, Barbara Niederkofler

In a recent comment letter to the Securities and Exchange Commission, the Akin team shared their thoughts on the proposed Safeguarding Rule, which would replace the current Custody Rule, create additional requirements for advisors and custodians, and impose new obligations and conditions on non-U.S. custodians. Read the letter below for a detailed analysis of our concerns and suggestions.

Read the Letter Here. 

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