US SEC Commissioner suggests cautiously advancing the innovation exemption for tokenized securities and raises key issues such as information disclosure systems
Hester M. Peirce, a commissioner of the U.S. Securities and Exchange Commission, stated that a research initiative for a "regulatory exemption" for tokenized securities has been launched, allowing limited trading and technical experimentation for certain tokenized securities. This exemption plan will be more cautious than the "comprehensive exemption" proposed by the industry.
She believes it is worth exploring whether different types of tokenization models for securities can be tested under the innovation exemption framework and whether issuer consent is needed for third parties to issue tokenized versions of their stocks, in order to promote technological innovation while avoiding regulatory arbitrage and maintaining core investor protection mechanisms.
Hester M. Peirce also emphasized that regulators should not overly interfere with private capital allocation. The SEC is currently assessing several key issues, including: whether the existing information disclosure system is sufficient to cover the ownership structure of tokenized securities, the disclosure obligations of brokers and clearing agencies in the issuance of tokenized securities, the compatibility of atomic settlement with the current T+1 settlement rules, and the applicability of regulatory authority in the absence of intermediaries or under new intermediary structures.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Federal Reserve Sets Target Range of 3.50-3.75% for 2025 After Three Rate Cuts

July PCE at 3.7%, Exceeding Fed's Target for 65 Months

Lido Expands Ethereum Staking Credibility with Web3SOC Certification

President of the Polish Olympic Committee Arrested in Zondacrypto Case, Faces Charges

Brave Launches Brave Accounts with OPAQUE Protocol for Password Security

Ukraine and Romania Agree on Measures to Accelerate Shipping through the Sulina Canal

The Audit Chamber Reveals UAH 350 Billion Discrepancies in Defense Procurement

Sayful App for macOS with AI Dictation and Automatic Layout Switching

KNDS Relaunches Its IPO for September

Resident Foreign Currency Deposits Reach Record High of $128.34 Billion in July

Ethereum Account Abstraction Proposal EIP-8141 Included in Hegotá Upgrade

Dunamu Partners with Visa for Stablecoin Payment Collaboration

NVIDIA AI Chip Demand Accelerates, Customer Profitability Becomes Key

Every Second Russian Bank Recorded Outflow of Deposits

Bank of Korea Raises Core Inflation Forecast to 2.5%

Pyth Network API overhaul risks freezing 300 DeFi protocols

CLAN Market Cap on Robinhood Exceeds $3.52 Million

World ID Integrates Human Verification Technology with PeakOS

Bitcoin: US GDP Revives Hopes for Fed Rate Cuts

eToro Launches Happening to Summarize Company Results

State Tax Service Introduces Updated Concept of Electronic Cabinet for Individual Entrepreneurs

Citi Projects Record Global Equity and Debt Financing for South Korean Companies by 2026

B.AI API Compatible with Codex Supports Calling GPT Series Models

NEAR Introduces Quantum-Resistant Signatures in Mainnet Upgrade 2.13

The Check Protocol Emerges as a Key Technology in Zero-Knowledge Proofs

Instagram Faces Trial Over Teen Safety Issues

Nasdaq Pushes for Inclusion of Tokenized Securities in Existing Order Books

UBS Market Vulnerability Indicator Reaches 1.0, September Fed Meeting and November Midterm Elections May Trigger Volatility

Half of Small Businesses in Russia Report Revenue Decline








