Asset manager Franklin Templeton, with $1.79 trillion in assets under management, supports the CLARITY Act
2026-07-27 21:49
Odaily Planet Daily reports that asset manager Franklin Templeton announced its support for the CLARITY Act on July 27. Franklin Resources previously disclosed that as of June 30, its assets under management stood at $1.79 trillion, up from $1.78 trillion a month earlier.
Franklin Templeton stated that the CLARITY Act would establish clearer rules for digital assets, helping investors understand the protections available and increasing certainty for businesses regarding the division of federal regulatory responsibilities.
BlackRock, Fidelity Investments, Goldman Sachs, and Charles Schwab have previously publicly supported this market structure bill. Senate Republicans released an updated version of the text on July 22, proposing to divide digital asset regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC).
Franklin Templeton stated that the CLARITY Act would establish clearer rules for digital assets, helping investors understand the protections available and increasing certainty for businesses regarding the division of federal regulatory responsibilities.
BlackRock, Fidelity Investments, Goldman Sachs, and Charles Schwab have previously publicly supported this market structure bill. Senate Republicans released an updated version of the text on July 22, proposing to divide digital asset regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC).
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