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US SEC Commissioner launches research on "innovation exemption" plan for tokenized securities

US SEC Commissioner launches research on "innovation exemption" plan for tokenized securities

AIcoinAIcoin2026/03/15 10:51
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SEC Commissioner Hester M. Peirce stated that research has begun on an “innovation exemption” scheme for tokenized securities, which would allow certain tokenized securities to be traded within limited scope and undergo technical trials. She believes it is worth exploring whether different types of securities could be tested for tokenization under this framework, and whether issuers must consent to third parties issuing tokenized versions of their shares, in order to promote technological innovation while avoiding regulatory arbitrage. The SEC is evaluating several issues, including the scope of information disclosure requirements, the compatibility of settlement rules for tokenized securities, and the applicability of regulatory authority in a structure without intermediaries.
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