Blockchain Association Backs SEC Proposal to Scrap Outdated NMS Rules, Citing Tokenization Benefits
Blockchain Association Backs SEC Proposal to Scrap Outdated NMS Rules, Citing Tokenization Benefits
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The Blockchain Association has voiced its support for the Securities and Exchange Commission's (SEC) proposal to eliminate outdated National Market System (NMS) rules. According to the association, these rules, established in 2005, have not achieved their stated purposes and their removal would benefit tokenization efforts.
The Blockchain Association has supported the SEC's proposal to scrap outdated National Market System (NMS) rules. They argue that these rules, established in 2005, have "failed to achieve their stated purposes" and point to the benefits their removal would bring for tokenization initiatives.