White House Reviews SEC Crypto Rules After Democratic Midterm Victory

The U.S. Securities and Exchange Commission (SEC) submitted a proposed crypto broker-dealer rule to the White House on Tuesday, Nov. 3, 2026, targeting four securities regulations governing capital, custody, and recordkeeping as Democrats prepare to take control of both chambers of Congress. According to the Office of Information and Regulatory Affairs (OIRA) review record , the SEC submitted its proposal, titled “Amendments to Broker-Dealer Financial Responsibility and Recordkeeping and Reporting Rules Regarding Crypto Assets,” for White House consideration on Nov. 3.

Source: Bitcoin.com News