SEC Commissioner Hester Peirce says the innovation exemption will cover genuine onchain equity products with shareholder rights, excluding synthetic tokens.

SEC Commissioner Hester Peirce clarified the scope of a proposed innovation exemption for onchain trading of tokenized NMS stock, [cautioning against mischaracterization of the…

SEC Commissioner Hester Peirce says the innovation exemption will cover genuine onchain equity products with shareholder rights, excluding synthetic tokens.