Subject: File Number S7-04-23
From: Ivan Toledo
Affiliation:

Feb. 16, 2023

 
February 16, 2023 




Please add standardized language on the availability of money deposits (USD), any type of crypto assets, via wire transfer, ACH tranfer and on chain deposit or transfers of cripto assets.  



Some cripto custodians that keep or receive deposits of USD, crypto assets via wire transfer, ACH transfer and on chain deposit or transfers of crypto assets take up to 10 days to have the crypto assets available and place limits on the maximum daily amount to be withdrawn and it is possible that during that time they leverage their clients' crypto assets or use them to manipulate the market and/or for other purposes.  



These practices are abusive for small investors. 



Thanks, 


Ivan Toledo