SEC Director of Trading and Markets Jamie Selway stated at the Piper Sandler Global Exchange & FinTech Conference that Chairman Paul Atkins has directed the division to build a listing and trading framework for tokenized securities, with the principle of "fostering innovation without creating regulatory arbitrage." The SEC is also collaborating with the CFTC to align policies and evaluate new product proposals and areas lacking clarity or compatibility.
On June 5, Jamie Selway, Director of the SEC's Division of Trading and Markets, announced at the Piper Sandler Global Exchange & FinTech Conference that Chairman Paul Atkins has directed the division to accelerate the development of a framework for listing and trading tokenized securities. The guiding principle is to “foster innovation without creating regulatory arbitrage.” This move signals a shift from research to concrete action in creating a compliant pathway for tokenized securities to be traded on regulated venues.
Selway also disclosed that the SEC is working closely with the Commodity Futures Trading Commission (CFTC) to coordinate policies and simultaneously evaluate multiple new product proposals, as well as areas within existing rules that lack clarity or compatibility. The aim is to establish a more consistent and certain regulatory environment for crypto assets and tokenized securities.
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