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SEC's Hester Peirce expects innovation exemption to apply narrowly to onchain equity products
SEC Commissioner Hester Peirce says the innovation exemption will cover genuine onchain equity products with shareholder rights, excluding synthetic tokens.
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thedefiant.io
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…
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cryptobriefing.com
SEC's Hester Peirce expects innovation exemption to apply narrowly to onchain equity products
SEC Commissioner Hester Peirce says the innovation exemption will cover genuine onchain equity products with shareholder rights, excluding synthetic tokens.
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cointelegraph.com
SEC’s Peirce Clarifies Tokenized Stock Exemption
SEC Commissioner Hester Peirce has clarified that the “innovation exemption” for tokenized stock trading would only apply to digital representations of underlying equities.