SEC Approves Nasdaq Rule Change Enabling Trading of Certain Tokenized Securities

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The Securities and Exchange Commission (“SEC”) issued an order approving proposed amendments (the “Proposed Amendments”) by The Nasdaq Stock Market LLC (“Nasdaq” or “Exchange”) to the Exchange’s rules to enable trading of certain securities in tokenized form during the pendency of a tokenization pilot program (the “DTC Pilot”) operated by The Depository Trust Company (“DTC”)….
By: Mayer Brown Free Writings + Perspectives
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