Nasdaq Raises Concerns Over SEC’s Approach to Tokenized Securities Regulation
Summary
- Nasdaq reportedly raised concerns over the SEC’s approach to advancing regulation for tokenized securities.
- Nasdaq said it was concerned about the tokenized securities regulations being developed as stock trading expands onto blockchain infrastructure.
- Nasdaq raised issues with the SEC’s approach during the regulatory push, but the specific regulatory provisions at issue were not disclosed.
Forecast Trend Report by Period
Nasdaq has raised concerns about the US Securities and Exchange Commission’s approach to advancing regulation for tokenized securities.
Cointelegraph reported on November 10 that Nasdaq voiced concerns over the SEC’s regulatory approach as the agency works to expand stock trading onto blockchain-based infrastructure.
The SEC is working to establish a regulatory framework that would allow traditional financial securities, including stocks, to be handled on blockchain-based infrastructure.
Nasdaq has objected to the SEC’s approach during that process, though it is not known which specific regulatory provisions prompted the exchange’s concerns.
reporter1@bloomingbit.ioHello, I'm a reporter at bloomingbit