The U.S. SEC extends the deadline for changes to the daily reserve requirements for broker-dealers
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BitNet June 26 report, the U.S. Securities and Exchange Commission (SEC) announced that the compliance deadline for the revised Rule 15c3-3 (Customer Protection Rule) has been extended from the originally scheduled December 31, 2025, to June 30, 2026. The rule requires specific brokers to change the frequency of calculating customer reserves from weekly to daily to strengthen financial protection. SEC Chairman Paul S. Atkins stated that the extension aims to avoid operational challenges for brokers.
It is worth noting that the rule applies only to custodial services for securities-type digital assets, and non-securities-type cryptocurrencies such as Bitcoin are not subject to it. In May 2025, the SEC withdrew its 2019 joint statement, allowing brokers to establish control over unregistered digital asset securities through qualified custodians (such as banks). This extension provides institutions with a buffer period to adjust their systems and test the daily calculation process.
It is worth noting that the rule applies only to custodial services for securities-type digital assets, and non-securities-type cryptocurrencies such as Bitcoin are not subject to it. In May 2025, the SEC withdrew its 2019 joint statement, allowing brokers to establish control over unregistered digital asset securities through qualified custodians (such as banks). This extension provides institutions with a buffer period to adjust their systems and test the daily calculation process.
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