ChainThink reports that on March 17, according to The Block, SEC Commissioner Hester Peirce said in an interview with CNBC on Monday that regulators welcome asset managers actively engaging with regulators as they explore tokenized financial instruments and new ETF structures.
Peirce said: “We sincerely hope you come and talk to us about what you want to do. We want to work with you to explore the possibility of letting the market test your products.” She noted that, as attitudes toward blockchain technology have shifted, more companies in recent years have proactively approached the SEC with tokenization proposals: “People come to us saying they truly believe tokenization has potential here.”
Regarding leveraged ETFs, Peirce stated that the SEC is not responsible for evaluating the quality of products themselves, but must ensure that products comply with statutory leverage limits and disclosure requirements. Issuers may propose structures exceeding standard thresholds if they can demonstrate compliance with securities laws. On tokenization, Peirce revealed that SEC staff are exploring a "narrowly tailored" innovation exemption to permit limited trading of certain tokenized securities within the existing regulatory framework, rather than establishing broad exemptions from securities rules.