“Our place is to not poke at any regulator, any political occasion, or the federal government,” Levine mentioned. “We’re simply making use of the present guidelines and current framework. We all know there is a enterprise want primarily based on shoppers, primarily based available on the market alternative. We perceive what the present regulatory framework is, and SAB 121, as it’s, within the present view of federal regulators and state regulators. We consider that pursuing the belief license in changing into a certified custodian was the best method.”