SEC Chair: Key Initiatives in the Coming Months to Include Investment Contract Analysis, Tokenized Securities Trading Innovation Exemption

BlockBeats News, February 19th. Today, the official website of the U.S. Securities and Exchange Commission released Chairman Paul Atkins' discussion at the ETHDenver conference, disclosing the following considerations for the coming weeks and months:

1. Developing a framework to explain how to view crypto assets bound by investment contracts. How such investment contracts are formed and terminated;

2. To promote limited trading of certain tokenized securities on new platforms, with a focus on establishing a long-term regulatory framework, a special innovation exemption is provided;

3. Introducing a rulemaking proposal aimed at establishing a reasonable path for fundraising through the sale of crypto assets;

4. Not issuing no-action letters and exemptions to provide more clear information, including addressing wallets that do not need to be registered under the Securities Exchange Act;

5. Rules for broker-dealers to custody non-security crypto assets (including payment stablecoins);

6. Developing rules for the modernization of transfer agents to adapt to the role blockchain can play in recordkeeping;

7. Providing additional guidance and not issuing no-action letters to help the crypto community understand how existing rules apply to unique circumstances.