$SPCXB SEC Regulator Surprises Us! What Are They Offering?
🔥 The SEC has proposed scrapping two major rules for trading US stocks, which removes a significant barrier for trading tokenized stocks on blockchains.
🏛️ So, what's on their agenda?
They aim to repeal Regulation NMS rules 611 and 610 (e) with a public discussion period of 60 days before final approval. This move will allow market makers and DeFi platforms to legally support trading of US tokenized stocks under a more flexible best execution standard.
🌎 Therefore, regulated tokenized stocks could expand significantly, especially through blockchains and platforms that directly integrate with licensed brokers and custodians.
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