SEC: Tokenised Stock Venues Must Give 30 Days' Public Notice
- —Venues must publish a public operating notice at least 30 calendar days before starting
- —Operations and access standards must be production-ready when disclosed
- —Third-party tokenised shares cannot trade until any objection period ends
- —The document is staff FAQ interpreting a conditional order, not a binding rule
Why it matters: The SEC is testing whether distributed-ledger market infrastructure can launch with ordinary disclosure and investor protections intact, shaping US access for tokenised-stock venues.
Source: NewsBTC