The Digital Chamber released a new report: "Beyond Merit: How the SEC's Division of Investment Management Blocked Permissible Investments in Digital Assets." Chapman’s Rick Coyle and Morrison Warren assisted in the preparation. The report seeks to provide a workable framework to turn historical Division of Investment Management actions regarding digital assets into a path forward for the increased availability of digital assets in investment company products. In a meeting with representatives from the SEC to discuss the report prior to its release, we engaged in constructive dialog regarding the intent of the report, which is to encourage the fair treatment of digital asset exposures that may be included in investment company products. We look forward to collaborating further with The Digital Chamber, the SEC, and the digital asset community to foster the growth of this innovative and evolving space.
