<ul data-eligibleForWebStory="false"><li>SIFMA urged the SEC to reject crypto firms' requests for tokenised equities via exemptive relief to ensure transparent rulemaking and public engagement.</li><li>SIFMA highlighted concerns about investor protection, oversight, and FINRA membership regarding tokenised equities offerings by crypto platforms.</li><li>Coinbase and Kraken are aiming to introduce blockchain-based tokenised stocks, challenging traditional financial brokerages.</li><li>The SEC is contemplating a generic listing framework to facilitate quicker approval of crypto ETFs, potentially simplifying the current listing process.</li></ul>

SIFMA Calls on SEC to Shut Door on Tokenised Equities Without Public Review

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