Morning Edition · Monday, June 15, 2026Published at 1:40 AM EDT · New York
An exemptive approach to clear a path for tokenized securities may prove less durable than formal rulemaking, ex-regulators warn.

Former Securities and Exchange Commission lawyers caution that the agency's effort to clear a path for tokenization through an exemption is weaker than a full rule. Granting tokenization initiatives an exemption from securities law, they ar…
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