The proposal would clarify rules on who is a broker for cryptocurrency and ensure that it wouldn’t sweep in software developers, cryptocurrency transaction validators, node operators or other non-brokers.
Increased awareness and enhanced technology platforms have helped make it easier for individual investors to access previously unavailable asset classes.
Byron Trott, the 62-year-old founder of BDT Capital Partners, has quietly amassed a $3.6 billion fortune, making him as wealthy as some of his better-known clients.