SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
Action Required: Monitor for future guidance on how tokenized assets may be held or traded within advisory accounts.
The SEC has introduced an 'Innovation Exemption' to allow for the on-chain trading of tokenized NMS stocks, signaling a regulatory shift toward digital asset integration in capital markets. While this primarily impacts market infrastructure, it represents a foundational step toward the tokenization of assets that advisors may eventually manage or recommend to clients.
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