SEC Proposal to Repeal Rule 611 May Ease Path for Tokenized Stocks
SEC's proposal to repeal Rule 611 could remove barriers for tokenized stocks in DeFi, aligning with AMMs and part of the SEC's "Crypto Project" initiative.
➤ The SEC has proposed repealing Rule 611 of Regulation NMS, which could significantly ease the path for tokenized stocks to trade on DeFi platforms. ➤ The current Rule 611, the Order Protection Rule, has been a barrier for DeFi's automated market makers (AMMs) due to compliance challenges. ➤ This proposed change aligns with the SEC's 'Crypto Project' initiative to remove market structure barriers and foster innovation in digital asset trading.













