Tokenized Stocks to Win Big on SEC Rule Rescission

Tokenized Stocks to Win Big on SEC Rule Rescission

The US securities regulator’s plan to rescind rules on stock orders and quotes would more easily allow for decentralized trading of tokenized US stocks, says Galaxy Digital.

SEC targets 20-year-old rule standing between Wall Street and blockchain trading

SEC’s plan to scrap a two-decade-old rule could give tokenized equities a clearer path into regulated US markets.

SEC plans to scrap two NMS rules that hinder tokenized stock trading via DeFi AMMs - Ledger Insights - blockchain for enterprise

The SEC proposed on 11 June to rescind two pillars of Regulation NMS for listed stock trading, the Rule 611 trade through rule and Rule 610(e). It opened a 60 day comment period. Rule 611 bars a trading venue from executing an order at a price worse than the best automated quote displayed at another […] The post SEC plans to scrap two NMS rules that hinder tokenized stock trading via DeFi AMMs appeared first on Ledger Insights - blockchain for e…

SEC Plan to Replace Tokenized US Stock Rule 611, Galaxy Says

The U.S. Securities and Exchange Commission has proposed to rescind two longstanding National Market System (NMS) provisions that govern how trading venues protect displayed prices and prevent “trade-throughs.” If finalized, the changes could materially alter the regulatory constraints facing...

SEC Proposes Eliminating Equities Trade-Through Rule

SEC Chairman Paul Atkins has been a critic of the rule since its inception, dissenting against it when he was a Republican commissioner.

SEC takes aim at 20-year-old rules, Tokenized stocks next?

On June 11, the United States Securities and Exchange Commission (SEC) proposed to repeal rules 611 and 610(e) of the Reg NMS. The two regulations represent key regulations governing the equity markets in the United States. A 60-day public comment period is now open, with the revised regulation expected to be completed in the first quarter of 2027, according to TD Cowen managing director Jaret Seiberg. Rule 611, referred to as the trade-through …