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SEC Staff Grants No-Action Relief for Digital Asset Custody

SEC Staff Grants No-Action Relief for Digital Asset Custody

On August 12, 2026, the SEC’s Division of Investment Management issued a No-Action Letter (the Letter) granting no-action relief to Franklin Templeton under Section 17(f) of the Investment Company Act of 1940 (the 1940 Act) and Rule 17f-2. The Letter provides...

The Only Family To Put Two Generations On The Supreme Court

The Only Family To Put Two Generations On The Supreme Court

Ed. Note: Welcome to our daily feature Trivia Question of the Day! Who are the only grandfather-grandson pair ever to serve on the Supreme Court with a shared named borrowed from a legendary early justice? Hint: The elder became famous as a lone voice of conscience;...