📢 SEC Chair Paul Atkins confirms the agency is moving forward with its "Innovation Exemption" initiative, stepping in as the CLARITY Act remains stalled in Congress.
Here’s what this means: 👇
➡️ TSVs will no longer be classified as "exchanges" under the new framework.
➡️ Eligible liquidity providers are now exempt from dealer registration requirements.
➡️ Access will be limited to authorized, permissioned entities only.
➡️ Synthetic tokenized stocks are explicitly prohibited.
➡️ Issuers retain the right to object to trading in their own securities.
➡️ Anti-fraud and anti-manipulation rules continue to be fully enforced.
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