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SEC Halts Innovation Exemption For Tokenized Stocks
The SEC has reportedly halted its plan to allow an innovation exemption for tokenized stock trading after hearing concerns about unauthorized third-party issuance and ownership fragmentation issues.
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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.
