What is the de minimis rule for investment advisers in the cryptocurrency industry?

3 answers

• IqmalrNov 20, 2024 · 7 months ago
  The de minimis rule for investment advisers in the cryptocurrency industry is a provision that exempts certain investment advisers from registration with the Securities and Exchange Commission (SEC). Under this rule, investment advisers whose total assets under management in the United States are less than $110 million are not required to register with the SEC. However, they may still be subject to registration and regulation by state securities authorities. This rule aims to reduce the regulatory burden on smaller investment advisers while ensuring investor protection.
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• Saeed PanahiMar 09, 2023 · 2 years ago
  The de minimis rule is like a threshold that determines whether an investment adviser needs to register with the SEC or not. In the cryptocurrency industry, investment advisers whose assets under management in the United States are below $110 million are exempt from SEC registration. This means that they don't have to go through the extensive registration process and comply with certain regulatory requirements imposed by the SEC. However, they may still need to register with state securities authorities depending on the state they operate in. The de minimis rule is designed to provide regulatory relief for smaller investment advisers while maintaining investor protection.
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• Krabbe McMahonJul 08, 2022 · 3 years ago
  According to the de minimis rule in the cryptocurrency industry, investment advisers with less than $110 million in assets under management in the United States are not required to register with the SEC. This rule aims to reduce regulatory burdens on smaller investment advisers and allows them to focus more on providing investment advice to their clients. However, it's important to note that even if an investment adviser is exempt from SEC registration, they still need to comply with other applicable laws and regulations, such as anti-fraud provisions. It's always recommended to consult with legal professionals to ensure compliance with all relevant requirements.
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