SEC Advances Securities Tokenization Trading Framework, Coordinates with CFTC on Regulatory Policy

According to an official SEC statement, Jamie Selway, Director of the Division of Trading and Markets, said at the Piper Sandler Global Exchange & Fintech Conference that Chairman Paul Atkins has directed the division to move forward with building a framework for the listing and trading of tokenized securities. The guiding principle is to “promote innovation without creating regulatory arbitrage.”

In addition, the SEC is working with the U.S. Commodity Futures Trading Commission (CFTC) to coordinate policies and is simultaneously evaluating multiple new product proposals, as well as areas where existing rules lack clarity or compatibility.