PANews reports that the U.S. Securities and Exchange Commission (SEC) has extended the compliance deadline for the updated Rule 15c3-3, also known as the Customer Protection Rule. Initially scheduled for December 31, 2025, the deadline has now been moved to June 30, 2026. The revision requires certain broker-dealers to perform daily, rather than weekly, customer reserve calculations to strengthen financial safeguards.
SEC Chairman Paul S. Atkins explained that the extension is intended to help firms avoid operational disruptions. It’s important to note that the rule specifically applies to securities-related digital asset custody and does not impact non-securities digital assets such as Bitcoin.
Additionally, in May 2025, the SEC rescinded a 2019 joint statement, enabling broker-dealers to manage uncertificated digital asset securities through qualified custodians like banks. The extended deadline gives institutions more time to update their infrastructure and test daily calculation procedures.