SEC COMMISSIONER PEIRCE SAYS POTENTIAL ONCHAIN STOCK TRADING EXEMPTION WOULD LIKELY BE LIMITED IN SCOPE SEC'S PEIRCE SAYS CONTEMPLATED EXEMPTION WOULD APPLY TO TOKENIZED VERSIONS OF EXISTING PUBLIC EQUITIES, NOT SYNTHETICS SEC'S PEIRCE INDICATES TO

2026-05-22

SEC COMMISSIONER PEIRCE SAYS POTENTIAL ONCHAIN STOCK TRADING EXEMPTION WOULD LIKELY BE LIMITED IN SCOPE SEC'S PEIRCE SAYS CONTEMPLATED EXEMPTION WOULD APPLY TO TOKENIZED VERSIONS OF EXISTING PUBLIC EQUITIES, NOT SYNTHETICS SEC'S PEIRCE INDICATES TOKENIZED PRIVATE COMPANY SHARES NOT ENVISIONED UNDER POTENTIAL EXEMPTION