logo

One of the world's largest market makers, Citadel Securities, urges the SEC to regulate tokenized stocks rigorously

By: theblockbeats.news|2025/07/23 02:12:23

BlockBeats News, July 23, One of the world's largest market makers, Citadel Securities, recently urged the U.S. Securities and Exchange Commission (SEC) to apply equivalent regulation to tokenized stocks and traditional stocks.


In a letter to the SEC's Crypto Asset Working Group this week, the company stated that regulators should avoid granting securities rule exemptions and instead focus on market liquidity and investor protection. "In short, while we strongly support technological innovation aimed at addressing market inefficiencies, attempting to issue 'securities-like' products through regulatory arbitrage is far from innovative."


TD Cowen analyst Jaret Seiberg also pointed out in a research report on Monday that there is still uncertainty in tokenized trading mechanisms, with some of the challenges revolving around optimal price discovery. "The traditional stock trading system requires achieving the national best bid or offer, which is what creates a multi-platform concurrent trading landscape. We believe that maintaining this mechanism will be difficult after stock tokenization."


Citadel advocates that the SEC should not grant exemptive relief and suggests advancing rulemaking through roundtable discussions. "The Commission must establish a deliberative and transparent process for assessment, including a public comment period and a complete cost-benefit analysis," the company emphasized in the letter.

EstateX (ESX) Prognose: Rallye auf 0,01 $ trotz Skeptikern?
WEEX stiehlt BlockchainRIO 2025 die Show

Das könnte Ihnen auch gefallen

Teilen
copy

Gewinner

Neueste Krypto-Nachrichten

09:48

Allianz DAO Genesis: Glaubt nicht, dass L1-Token immer eine schlechte Investition sind, noch wird es sie verkürzen

09:18

Während die USA kämpfen, um zu vermitteln, starten Russland und die Ukraine Angriffe aufeinander

08:48

Eine bestimmte "Flash Loan Attack Whale" Adresse hat in den letzten 5 Tagen 7066 ETH durch eine "Rug Pull Contract Buy Spot" Strategie angesammelt.

07:18

Die People's Bank of China beruft Sitzung des Koordinierungsmechanismus zur Bekämpfung von Spekulationen über Transaktionen mit virtueller Währung ein

06:48

「1011 Insider Whale」 eröffnet neue 5-fache ETH-Short-Position und erreicht Positionsgröße von 15 Millionen US-Dollar

Mehr lesen
Community
icon
icon
icon
icon
icon
icon
icon
icon

Kundenservice@weikecs

Geschäftliche Zusammenarbeit@weikecs

Quant-Trading & MM[email protected]

VIP-Services[email protected]