jeff_lino

#SECTokenizedStockExemption #SECTokenizedStockExemption article ಕನ್ನಡ    +5 The U.S. SEC is preparing to launch an "innovation exemption" framework for tokenized stocks, potentially allowing third parties to issue blockchain-based tokens that track public stock prices without issuer consent. The policy paves the way for 24/7 on-chain trading while imposing specific conditions regarding investor rights. [1, 2, 3, 4] The Core Details The "Innovation Exemption": This framework creates a regulatory sandbox or pilot-style pathway for digital representations of traditional securities. [1, 2] Third-Party Issuance: The SEC is reportedly leaning toward permitting third parties to issue these stock-pegged tokens on decentralized finance (DeFi) platforms without needing authorization from the underlying public companies. [1, 2] Shareholder Rights: Platforms will need to ensure that token holders have access to core benefits—such as voting rights and dividends. If a platform fails to offer these rights, it risks losing eligibility to list the tokens.