SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
The SEC granted a temporary exemption allowing tokenized NMS stock to be traded on permissioned automated market maker platforms, opening on‑chain secondary trading for tokenized securities.
The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues (TSVs) from the definition of “exchange” in the Securities Exchange Act, enabling on‑chain trading of tokenized National Market System stock via AMM liquidity pools.
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SEC regulatory action on tokenized NMS stock trading, relevant to blockchain-enabled securities.