From: CFA Society New York SmartBrief Sent: 7/9/2019 10:04:17 AM To: Subject: Space startup Virgin Galactic reportedly prepares to go public Created for I Web Version July 9, 2019 A Difference That Matters nil SIGN UP • FORWARD TOP STORY US regulators offer guidance on cryptoasset custody rules The Securities and Exchange Commission and the Financial Industry Regulatory Authority have issued guidance on how custody rules apply to cryptocurrencies, which could set the stage for firms to become registered cryptocurrency brokers. Firms that hold customer assets will have to keep them separate from the firm's assets, keep accurate records and use a third-party custodian in some cases, the regulators said. Reuters Bloomberg (tiered subscription is x The Wall Street Journal (tiered subscription tteM Capitalizing on China's Economic Transformation Institutions commonly get exposure to China through an emerging market mandate, but investors are rethinking that approach. A dedicated allocation to China should provide greater exposure to "new economy" companies with strong fundamentals in the IT, health care and consumer sectors. Read more. ADVERTISEMENT CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069574 CONFIDENTIAL SDNY_GM_00215758 EFTA01374734