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 2% haircut rather ...
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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 2% haircut rather ...