Tokenised US Stock Venues Must Give 30 Days’ Public Notice, SEC Clarifies

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: SEC staff guidance spells out a 30-day public-notice requirement for venues seeking to operate under the temporary tokenised-stock exemption. The SEC’s experiment with blockchain-based stock trading comes with a meaningful preparation period. Guidance published on October 20 says a tokenised securities venue relying on the agency’s conditional innovation exemption must publish a public operating notice at least 30 calendar days before starting. The document does more than specify a deadline. It says venues should have their operations and access standards ready for production when they disclose them, and must keep the notice accurate as details change. A platform cannot simply announce that it intends to trade tokenised shares and treat that as permission to begin immediately. There are iss...