The SEC has provided guidelines for promoting the growth of digital asset custodial wallet providers (DA custodians) by supporting them in maintaining appropriate costs. This initiative aims to
Funds, REIT managers and trustees. Under the proposed amendments, investment management companies are required to maintain three types of capital, namely, (1) the initial capital or the minimum owner’s
SEC is proposing to amend the regulations on the capital requirements for asset management companies that manage property funds or infrastructure funds, trust managers and trustees of REITs or
trustees shall be made in accordance with the rules and regulations specified by SEC and that trustees are permitted to charge for expenses incurred in making copies of documents as required by the SEC
Prohibited Characteristics of Directors, Executives and Major Shareholders of Trustees
Work System, Contact with Investors and General Business Operation of Trustees
from the companies’ ones and introduce measures to protect investors’ assets for other benefits. Asset management companies also appoint custodians approved by SEC to safely keep the assets of
. Asset management companies also appoint custodians approved by SEC to safely keep the assets of investors.However, SEC intends to amend the regulations to give permission for asset management companies