United States:
Akin Comment Letter On The SEC's Proposed Safeguarding Rule
23 May 2023
Akin Gump Strauss Hauer & Feld LLP
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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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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