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.
