Announcements and Publications

Two Ocean No-Action Letter: Digital Asset Custody & Qualified Custodian Status

posted Oct 23, 2020, 2:56 PM by Dylan Smith   [ updated Oct 23, 2020, 2:57 PM ]

The Division issued a no-action letter to Two Ocean Trust, a Wyoming-chartered public trust company, located in Jackson, Wyoming. The letter, available below, states the Division's determination that Two Ocean may provide custodial services for digital assets under Wyoming law, including virtual currency and digital (tokenized) securities.

The letter also states the Division's opinion that Two Ocean is a "qualified custodian" under the Investment Advisers Act of 1940 and the SEC Custody Rule. This opinion is based on the Division's analysis that Two Ocean is exercising fiduciary services similar to national banks which involve the exercise of discretion, as required by the Advisers Act.

Two Ocean's no-action request letter is also available below.

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posted Apr 25, 2017, 12:19 PM by vfe_doa_amanda.ortega@wyo.gov   [ updated Oct 24, 2017, 12:53 PM ]


Consumer Advisory: Refund Anticipation Loans (RALs) 2/18/2010

posted Jun 27, 2013, 2:48 PM by Unknown user   [ updated Jun 27, 2013, 2:48 PM ]

Wyoming Banks are Sound and Deposits are Safe 7/16/2008

posted Jun 27, 2013, 2:45 PM by Unknown user   [ updated Jun 27, 2013, 2:45 PM ]

Wyoming State-Chartered Banks Remain Strong 12/18/2007

posted Jun 27, 2013, 2:43 PM by Unknown user   [ updated Jun 27, 2013, 2:43 PM ]

Loss Mitigation Strategies for Servicers of Residential Mortgages 9/4/2007

posted Jun 27, 2013, 2:42 PM by Unknown user   [ updated Jun 27, 2013, 2:42 PM ]

The Wyoming Division of Banking endorses the September 4, 2007 Statement issued by the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration and the Conference of State Bank Supervisors regarding Loss Mitigation Strategies for Servicers of Residential Mortgages   Attachment

Mortgage Servicers and Providers Alert: Mortgage Payment Increase 6/28/2007

posted Jun 27, 2013, 2:39 PM by Unknown user   [ updated Jun 27, 2013, 2:39 PM ]

Mortgage Servicers and Providers Alert:  Mortgage Payment Increase - statement from the Division of Banking encouraging mortgage servicers and providers to contact their customers who have mortgage loans that are scheduled to recast this year.

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