Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
Covered by 3 sources · 3 articles
3 outlets - including Crypto-economy, Bitcoinworld and Coindesk - are covering this story. TL;DR: The Securities Transfer Association urged the SEC to favor issuer-sponsored tokenized securities recorded in official shareholder registers. It warned that third-party stock tokens can blur investor rights and add platform, custody a…
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Wall Street Transfer Agents Warn SEC That Third-Party Tokens Could Undermine Market Integrity
TL;DR: The Securities Transfer Association urged the SEC to favor issuer-sponsored tokenized securities recorded in official shareholder registers. It warned that third-party stock tokens can blur investor rights and add platform, custody a…
Wall Street Transfer Agents Urge SEC to Restrict Third-Party Stock Tokens
BitcoinWorld Wall Street Transfer Agents Urge SEC to Restrict Third-Party Stock Tokens The Securities Transfer Association (STA), a key industry group representing Wall Street’s transfer agent sector, has formally urged the U.S. Securities…
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.