Advisers Act Rules

Definition ∞ Advisers Act Rules are regulations governing entities that provide investment advice in the United States. These rules establish requirements for registration, fiduciary duties, and disclosure practices for investment advisers. Their application extends to the digital asset space when activities involve securities or persons acting as investment advisers concerning virtual currencies or other digital instruments. Compliance ensures investor protection and market integrity within the regulated financial landscape.
Context ∞ The interpretation of Advisers Act Rules remains a central discussion point for cryptocurrency firms and decentralized finance protocols. Regulators are evaluating whether certain digital asset activities or platforms fall under existing securities laws, including those pertaining to investment advisers. Future regulatory clarity will significantly impact how digital asset investment services are structured and offered to the public. This ongoing assessment is vital for market participants seeking to understand their legal obligations.