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White House reviews SEC proposal on brokers' crypto business

NewsFeeds update

The White House Office of Management and Budget is reviewing an SEC proposal, submitted earlier this week, on how brokers conduct digital asset business. The SEC said it expects to consider amendments to broker-dealer financial responsibility, recordkeeping and reporting rules to clarify their application to crypto.

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The story so far: SEC crypto broker-dealer rule proposal

The SEC submitted a proposal on how brokers conduct digital asset business to the White House for review, covering broker-dealer financial responsibility, recordkeeping and reporting rules. The proposal, sent on 3 November 2026, covers rules on net capital, customer asset protection and record-keeping; no public draft…

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  1. White House reviews SEC proposal on brokers' crypto business

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