**New Custody Guidelines for Broker-Dealers 📊**

SEC sheds light on custody requirements for broker-dealers holding Tokenized Securities (TP). The guidance aims to ensure compliance with existing customer protection rules.

**Key Takeaways:**

The U.S. Securities and Exchange Commission has issued detailed guidelines for broker-dealers on the custody of crypto asset securities.

**What's Changing:**

Custody Requirements

Broker-dealers now have clarity on how to meet requirements under Rule 15c3-3 when holding tokenized stocks and bonds on blockchain networks.

The SEC's Division of Trading and Markets published a statement on Dec. 17, providing insight into the necessary steps for compliance.

**Compliance Made Easier**

With these new guidelines, broker-dealers can ensure they meet existing customer protection rules while holding Tokenized Securities (TP) on SL platforms like Binance Square.

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