00:00 Speaker A

SEC resurrecting US scripted custody, crypto custody rule the previous administration failed to land.

00:08 Speaker A

Gary Gensler didn’t get this done. I’m shocked.

00:11 Speaker A

In 2023, the regulator tried to narrowly restrict the places investment advisors could park client’s crypto assets, but the new approach is still shrouded in secrecy.

00:23 Speaker A

So what happened here? The SEC has actually sent its proposed custody rule overhaul to the White House Office of Information and Regulatory Affairs, but we have not been able to read it.

00:35 Speaker A

Now,

00:36 Speaker A

if you were around for the Gensler era, you know that the last…