SEC Allows Broker-Dealers a 2% Haircut on Stablecoins
The U.S. Securities and Exchange Commission’s staff provided regulatory clarity last week on how broker-dealers can treat stablecoin holdings for net capital purposes, allowing a...
Tag : BrokerDealers
SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from...