In recent analysis, Fried Frank Partner Jason Schwartz discussed the core DeFi activity staking and the lack of formal guidance on how staking rewards are taxed in the United States.
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In a regulatory update, Sidley Austin attorney David M. Katz explained recent SEC treatment of "concentrated debits" under the customer protection rule for certain investment funds
A new Topic Page on Custodial Requirements applicable to SEC-registered investment companies is now available to subscribers on the Cabinet. The new Topic Page is part of an ongoing expansion of available regulatory materials.