SEC Proposal to Overhaul Transfer-Agent Rules May Simplify Tokenized Securities

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The U.S. Securities and Exchange Commission has put forward a new proposal to reform existing transfer-agent regulations. The plan targets the issue of duplicate off-chain shareholder records, which currently create significant reconciliation burdens. If adopted, the changes could reduce operational costs for firms dealing in tokenized securities. The proposal also aims to lower the legal uncertainty that has long complicated the tokenized securities space.

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