Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody
On February 14, 2024, the Bank Policy Institute (BPI), American Bankers Association (ABA), Financial Services Forum (the Forum), and the Securities Industry and Financial Markets Association (SIFMA) collectively addressed a letter to Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC). They requested the SEC to consider targeted modifications to Staff Accounting Bulletin … Continue reading Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody