World Federation of Exchanges warns that SEC exemptions or weakened regulations for crypto tokens may undermine investor protection
BlockBeats News, November 27, according to Reuters, the World Federation of Exchanges (WFE) sent a letter to the US SEC this week, warning that granting regulatory "exemptions" to crypto companies to sell "tokenized stocks" may undermine investor protection and pose risks to market integrity. The WFE stated, "The SEC should avoid granting exemptions to companies seeking to circumvent regulatory principles that have protected the market for decades, and should ensure a level playing field and consistent rules for crypto platforms."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Supply disruptions ease, oil market bears “swiftly gather”: Brent put option bets surge to unprecedented levels
Oil traders are flocking to buy options, betting on a decline in Brent crude. As investors reposition after a sharp rise in oil prices over the past few trading sessions, bearish bets have surged to unprecedented levels.
Bridgford Foods VP Richard Eugene Bridgford acquires USD 2,054.5 in common shares
New York Federal Reserve official: U.S. Treasury purchases have no preset path, will closely monitor financing market pressures in October
Lorie K. Logan, head of the New York Fed's Markets Group, stated that the Federal Reserve will continue to assess the reserve levels within the banking system. The purchase of U.S. Treasuries for reserve management does not follow a predetermined path and may be adjusted in the future based on market conditions.
Crypto prices
More
