TREE NEWS update: The Blockchain Association has petitioned the SEC to eliminate Rule 611 and Rule 610(e), arguing these regulations hinder the growth of tokenized securities. The group claims the rules impose unnecessary burdens that stifle innovation in digital asset markets. The move is part of broader industry efforts to align regulatory frameworks with tokenization trends.
Blockchain Association Urges SEC to Scrap Rule 611 & 610(e) for Tokenization
AI take
The petition targets the mechanics of equity market structure rather than tokenization itself, which is the more telling signal: the industry is now arguing that existing trading rules, not just custody or disclosure, are the binding constraint on tokenized securities. That shifts the debate from whether tokenized assets are legal to whether legacy market plumbing can accommodate them. The SEC's response matters less for this single filing than for whether it treats market-structure relief as a prerequisite to tokenization at scale.
Generated by AI for reference only.
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