50m ago
SEC Commissioner Hester Peirce Outlines Innovation Exemption Plan for Tokenized Securities
On March 12 in Washington, SEC Commissioner Hester M. Peirce said staff at the U.S. Securities and Exchange Commission are developing a targeted innovation exemption to enable limited trading of selected tokenized securities. She explained that the proposal, discussed at the SEC's Investor Advisory Committee meeting, would be narrower than a broader exemption floated in a draft recommendation and is intended to support experimentation with blockchain-based tokenization while maintaining investor protections.