US SEC Commissioner: Will carefully study the "innovation exemption" for tokenized securities, focusing on key issues such as information disclosure.

CoinFeed reported on March 15 that Hester M. Peirce, Commissioner of the U.S. Securities and Exchange Commission (SEC), stated that a study has been initiated on an "innovation exemption" scheme for tokenized securities, allowing limited trading and technology trials of certain tokenized securities. This exemption scheme will be more cautious than the "comprehensive exemption" recommended by the industry. She believes that it is necessary to explore whether to allow different types of securities tokenization models to be experimented with under the innovation exemption framework, and to consider whether issuers need to agree to third parties issuing tokenized versions of their shares, in order to promote technological innovation while avoiding regulatory arbitrage and maintaining core investor protection mechanisms.