SEC Issues Innovation Exemption and Requests Comment on Tokenized NMS Stock Trading
The SEC has issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues (TSVs) regarding the definition of "exchange" under the Securities Exchange Act of 1934 to facilitate the trading of tokenized NMS stocks. The commission is also seeking public comment on the initiative.
Summaries are written by AI from the original article. Not investment advice.