<ul data-eligibleForWebStory="false"><li>The Securities Industry and Financial Markets Association (SIFMA) is urging the SEC to reject secretive exemptions that would enable digital asset companies to launch tokenized equities without public input.</li><li>SIFMA asserts that decisions regarding tokenized equities should undergo a transparent process to address regulatory concerns and ensure market integrity.</li><li>Concerns have been raised over reports of crypto firms seeking SEC no-action relief to tokenize stocks, bypassing broader industry consultation.</li><li>As the SEC explores tokenization and crypto ETFs, there are discussions on creating a new approval system and listing standard, with tensions rising between traditional finance and digital asset strategies.</li></ul>

Wall Street Trade Group Pushes Back Against Quiet SEC Approvals for Tokenized Stocks

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