Faegre Drinker Issues Commentary: SEC Staff Issues No-Action Letter Permitting Franklin Templeton Funds' "Self-Custody" of Shares in Affiliated Money Market Fund With Blockchain-Integrated Recordkeeping
August 20, 2026
August 20, 2026
MINNEAPOLIS, Minnesota, Aug. 20 -- Faegre Drinker Biddle and Reath, a law firm, issued the following commentary on Aug. 19, 2026, by partner Joshua B. Deringer and associates Gloria Y. Liu and Ya Wang:
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SEC Staff Issues No-Action Letter Permitting Franklin Templeton Funds' "Self-Custody" of Shares in Affiliated Money Market Fund with Blockchain-Integrated Recordkeeping
Relief is conditioned upon 12 operational safeguards.
At . . .
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SEC Staff Issues No-Action Letter Permitting Franklin Templeton Funds' "Self-Custody" of Shares in Affiliated Money Market Fund with Blockchain-Integrated Recordkeeping
Relief is conditioned upon 12 operational safeguards.
At . . .