Custody news and trends

SEC Proposes Expanding Investment Adviser Custody Rules to Crypto Assets

February 15, 2023
Citi Appointed To Service $80B In Assets For Victory Capital
Banking // October 03, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. The new mandate resulted in the transfer of servicing for 53 mutual funds and ETFs to Citi, representing around $80 billion in assets...

Quick Reads
SEC Proposes Expanding Investment Adviser Custody Rules to Crypto Assets

February 15, 2023
The Securities and Exchange Commission (SEC) has proposed expanding its rules around custody to include cryptocurrency. The agency said in a Wednesday (Feb. 15) press release that its proposed rule changes, if adopted, would amend the SEC’s custody rule that applies to registered investment advisers as well as related recordkeeping and reporting obligations. SEC Chair […]

Citi Appointed To Service $80B In Assets For Victory Capital

October 03, 2019
Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. The new mandate resulted in the transfer of...