Cryptocurrency

SEC Proposes to Limit Rule 15c2‑11 to Equity Securities Only Washington, D.C., April 29 2024 – The U.S. Securities and Exchange Commission (SEC) has announced a draft amendment that would confine the reporting obligations of over‑the‑counter (OTC) broker‑dealers under Rule 15c2‑11 to equity‑type securities. The proposal seeks to reverse a 2021 reinterpretation that extended the...