SEC Commissioner Hester Peirce: Drafting Narrower Scope Tokenized Securities Innovation Exemption Provisions

ZkProver · 2026-03-13T03:55:48+00:00

SEC Commissioner Hester Peirce stated that the SEC is developing innovative exemptions for tokenized securities, but the scope will be narrower. The Investors Advisory Committee recommended reform through rule-by-rule approach, emphasizing investor protection. SEC Chair Paul Atkins said he would discuss innovation exemptions to buy time for developing a long-term regulatory framework.

ZkProver

2026-03-13 03:55:48

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ChainCatcher News: Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated at the Investor Advisory Committee (IAC) meeting on Thursday that the SEC is developing innovative exemption provisions for tokenized securities, but the scope will be narrower than the previously discussed exemption plans.

The IAC previously recommended that the SEC should not adopt a comprehensive exemption approach to avoid weakening investor protections, including core mechanisms such as ownership disclosure, intermediary regulation, and order protection. Instead, it suggested targeted reforms through rule-by-rule adjustments, subject to public consultation.

SEC Chairman Paul Atkins also said at the same meeting that the committee expects to soon discuss innovative exemptions to help establish a long-term regulatory framework. Currently, tokenized securities must fully comply with U.S. federal securities laws. The innovative exemption mechanism aims to allow controlled experimentation with more advanced trading models while maintaining necessary investor protections.

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