According to AMBCrypto, global stock exchanges, including Nasdaq and Deutsche Börse, have warned the U.S. Securities and Exchange Commission (SEC) against granting regulatory exemptions to crypto firms that would allow the sale of tokenized stocks to retail investors. The World Federation of Exchanges (WFE) argues that such exemptions would let crypto platforms bypass long-standing investor protection rules, undermining market integrity. The exchanges oppose the SEC’s potential plan to allow non-broker-dealer platforms to offer tokens linked to listed equities, claiming this would weaken legal safeguards for direct stock ownership.
Global Exchanges Oppose SEC's Tokenized Stock Exemptions
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