SEC plans to scrap two NMS rules that hinder tokenized stock trading via DeFi AMMs
The SEC proposed on 11 June to rescind two pillars of Regulation NMS for listed stock trading, the Rule 611 trade through rule and Rule 610(e).
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The Securities and Exchange Commission proposed rescinding Rule 611 and Rule 610(e) of Regulation NMS, which currently restrict tokenized stock trading via DeFi automated market makers.
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