SEC Chair: Key initiatives such as the classification of investment contracts and innovative exemptions for tokenized securities trading will be introduced in the coming months

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission’s official website has published Chairman Paul Atkins’ discussion at ETHDenver, revealing that in the coming weeks and months, the following matters will be considered:

1. Developing a framework to explain how to view crypto assets governed by investment contracts. How such investment contracts are formed and terminated;

2. Establishing an innovation exemption to facilitate limited trading of certain tokenized securities on new platforms, with a focus on building a long-term regulatory framework;

3. Introducing a rulemaking proposal aimed at raising funds through the sale of crypto assets;

4. Issuing no-action letters and exemption orders to provide clearer information, including clarifying that wallets not requiring registration under the Securities Act are permissible;

5. Developing rules regarding broker-dealer custody of non-security crypto assets, including payment stablecoins;

6. Creating rules to modernize transfer agency functions to accommodate the role blockchain can play in recordkeeping;

7. Providing additional guidance and no-action letters to help the crypto community understand how existing rules apply to specific practical situations.