SEC Transfer-Agent Rule Proposal Embraces Blockchain
SEC proposes first major rewrite of transfer-agent rules since the 1980s, explicitly embracing blockchain technology.
The SEC this week proposed an overhaul of transfer-agent rules, the first substantive rewrite since the early 1980s. The draft embraces blockchain technology.
StoneX analyst Mark Palmer stated that the change sets up publicly traded Securitize for a big win.
The specific text of the proposal and exact compliance changes remain undisclosed. No quantified impact, timeline, or Securitize revenue exposure has been provided.