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SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading - "The Defiant"

SEC Commissioner Hester Peirce clarified the scope of a proposed innovation exemption for onchain trading of tokenized NMS stock, [cautioning against mischaracterization of the initiative](https://x.com/HesterPeirce/status/2057563897507532864). Peirce stated the exemption would be limited and facilitate trading only of digital representations of the same underlying equity securities available in secondary markets today—explicitly excluding synthetic assets.

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martedì 19 maggio 2026·theblock.co
SEC's innovation exemption for tokenized stocks to come as early as this week: Bloomberg
The SEC has approved several entities to move forward with tokenized stock initiatives, including the NYSE and Nasdaq.
martedì 19 maggio 2026·cointelegraph.com
SEC Exemption Tokenized Stock Trading: Report
The SEC is reportedly set to make an “innovation exemption” for tokenized stock trading, expanding the trading venue for public companies like Nvidia, Apple and Tesla to…

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading - "The Defiant"

SEC's innovation exemption for tokenized stocks to come as early as this week: Bloomberg

SEC Exemption Tokenized Stock Trading: Report

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading - "The Defiant"

SEC's Hester Peirce expects innovation exemption to apply narrowly to onchain equity products

SEC’s Peirce Clarifies Tokenized Stock Exemption