[SEC Opens 60-Day Comment Period for Proposed Crypto Asset Custody Rules] Reported by Golden Finance, on October 3, according to the SEC's official X account and press release (No. 2026-100), the SEC proposed new rules and amendments on October 1 to establish a dedicated framework for crypto asset custody by registered investment advisers and regulated funds (registered investment companies and business development companies). The proposal includes revisions to the relevant requirements of the Investment Advisers Act of 1940 and the Investment Company Act, such as auditing financial statements of registered investment advisers and broker-dealer custody services for regulated funds. It also allows self-custody of crypto assets under specific circumstances and includes state-chartered trust companies as qualified custodians. Chairman Atkins stated that the current rules "have failed to keep pace," and the new regulations will replace the uncertainty caused by "custody rules tailored for a bygone era.