X @U.S. Securities and Exchange Commission
U.S. Securities and Exchange Commission·2026-02-20 20:24
Yesterday, the Division of Trading and Markets issued an FAQ confirming that staff would not object if a broker-dealer were to apply a 2% haircut on proprietary positions in payment stablecoins when calculating its net capital.Link to the FAQ ➡️ https://t.co/x7rOhtx8fo ...