SEC Targets Rule 611 Repeal to Enable Blockchain-Based Trading
The SEC is targeting a 20-year-old Rule 611 for repeal, which could remove a regulatory barrier between Wall Street and blockchain-based trading and tokenized stock settlement.
SEC formally targets Rule 611 rescission to accelerate blockchain-based equity trading, extending prior SEC proposal to repeal NMS rules for tokenized equities.
Story timeline · 7 days
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- Jun 13, 20267· this storySEC Targets Rule 611 Repeal to Enable Blockchain-Based Trading
SEC formally targets Rule 611 rescission to accelerate blockchain-based equity trading, extending prior SEC proposal to repeal NMS rules for tokenized equities.
- Jun 12, 20267SEC Proposes Rule Repeal to Enable On-Chain Tokenized Equities; SpaceX Tokenized Stock Goes Live
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Sources · 1
- SEC targets 20-year-old rule standing between Wall Street and blockchain tradingcryptoslate.com · T2