FTX Discussed "Custodial Digital Asset Securities" with Senior SEC Officials in March

According to documents on the official website of the US Securities and Exchange Commission (SEC), at a meeting on March 23 this year, FTX General Counsel Ryne Miller and FTX US Policy and Regulatory Strategy Director Mark Wetjen joined SBF in a meeting with two senior SEC officials. , discussing “Custody of Digital Asset Securities by a Special Purpose Broker-Dealer, Including the Unique Risks Associated with Custody of Digital Asset Securities,” in addition to discussing the possibility of inaction, so long as such activities do not violate existing laws and comply with regulatory agency settings. Other parameters specified. Foresight News noted that in 2019, the SEC issued guidance on digital assets for broker-dealers, which was revised in 2021.