Greg Feibus(@gregfeibus):Biggg fan of this direction, especially the clear line between real tokenized securities and synthetics, with tokens expected to carry the same rights and privileges as the underlying shares. Don’t get me wrong, synthetics like CFDs have an important place in markets (they can provide efficient leverage, hedging, access without requiring ownership of the underlying asset etc.) but tokenization should ultimately move toward bringing the actual security onchain to preserve ownership. IMO that’s where the market needs to go: real assets, real investor rights, onchain.

2026.09.17 14:00

Biggg fan of this direction, especially the clear line between real tokenized securities and synthetics, with tokens expected to carry the same rights and privileges as the underlying shares. Don’t get me wrong, synthetics like CFDs have an important place in markets (they can provide efficient leverage, hedging, access without requiring ownership of the underlying asset etc.) but tokenization should ultimately move toward bringing the actual security onchain to preserve ownership. IMO that’s where the market needs to go: real assets, real investor rights, onchain.

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Paul Atkins@SECPaulSAtkins

2026.09.17 13:07

Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸

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