#Hester Peirce

SEC's Tokenization Exemption Pulled Days Before Friday Press Event — White House and Wall Street Both Hit the Brakes

The "innovation exemption" that was supposed to be unveiled at Friday's open meeting has been abruptly shelved. This isn't the first time the SEC has stalled at the finish line — this time, the roadblocks are the White House and brokerage trade group SIFMA.