SEC — Press releases·· Sep 17, 2026SelectedAI score86
SEC Issues “Innovation Exemption” to Promote Tokenized NMS Stock Trading and Seeks Comments
SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
AI brief
AI-assisted source summary · not independently verified. Content standards
On September 17, 2026, SEC issued an order temporarily and conditionally exempting Tokenized Securities Venues (TSV) from the definition of “exchange” under the Securities Exchange Act, to support trading tokenized NMS stocks through AMM liquidity pools in licensed environments.
Why it matters
The temporary exemption establishes AMM liquidity pool and investor protection conditions for licensed trading of tokenized NMS stocks, while leaving room for public discussion on rule adjustments.
Source:SEC — Press releases · sec.gov