SEC in the United States: Token based securities trading requires 30 days' prior notice to the issuer, opposition means no trading is allowed

According to the regulations of the US SEC, tokenized securities exchanges (TSVs) must notify issuers at least 30 days before stock trading. If the issuer objects, trading is not allowed, and failure to respond is considered tacit approval. SEC Chairman Atkins stated that issuers must have the opportunity to oppose and prevent their securities from trading on TSV. Exempted tokenized NMS stocks must provide holders with the same rights as traditional securities, including receiving dividends and exercising voting rights.