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SEC Changes to Custody Rule February 15 2023 - Vimarsana News

SEC Changes to Custody Rule February 15 2023

Securities and Exchange Commission proposed new rule for registered investment advisers that would replace Rule 2064-2 under Investment Advisers Act of 1940 with new Rule 223-1 under the Advisers Act and make related changes to the Rule 204-2, governs investment adviser books.