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Evidence record

SEC Chairman Atkins on the proposal to address custody of crypto assets by advisers and funds

Read the item · published 2026-10-01

Evidence

Confidence
High Primary source (regulator / official record); quote string-matched against the live page.
Quote verified
2026-10-23 17:36 UTC
Archived snapshot
SHA-256 f960be110c2b095af135837456513424f902b469dd7e73251a2882cdfed61d74 · fetched 2026-10-23 · Wayback Machine copy ↗
Source type
Primary SEC statements ↗
Saved excerpt around the quote (source text, 2026-10-23)
… the world. Since the advent of Bitcoin in 2008, the crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class to which investors actively seek exposure. Unfortunately, our rules and regulations have not kept pace. To that end, today's proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before—and replacing the grey of uncertainty created by custody rules crafted for a bygone era. Many areas of the custody rules under the Investment Advisers Act of 1940 and Investment Company Act of 1940 predate the internet; they were designed to protect the assets of advisory clients and regulated funds from loss, theft, misuse, and misappr …
Change log (10)
  1. 2026-10-23 Newsroom 2026-10-23 eve: +MAS/BNM/BOT BLOOM cross-border digital money (Tier 1, MAS media release); bank-negara-malaysia, bank-of-thailand entities; verify snap (b20c97d)
  2. 2026-10-23 Newsroom 2026-10-23 PM: +Riksbank letter to Riksdag Finance Committee on digital krona (PDF, Tier 1); riksbank entity; CBDC tracker entry; verify snapshots, pag (240394a)
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Verified quotes

  • “To that end, today’s proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before—and replacing the grey of uncertainty created by custody rules crafted for a bygone era.”

String-matched against https://www.sec.gov/newsroom/speeches-statements/atkins-crypto-custody-100126-statement-proposal-address-custody-crypto-assets-under-investment-advisers-act-investment-company by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted