Franklin Templeton meets SEC staff on tokenized fund trading rules
Image: Bitcoin.com NewsFranklin Templeton met SEC Crypto Task Force staff on October 9 to discuss regulatory questions around tokenized money market funds and ETFs trading on blockchain venues. The talks covered pricing rules under Section 22(d) and Rule 22c-1, liquidity provider service fees, and trading pairs involving tokenized NMS stocks, stablecoins and tokenized funds. The meeting followed the SEC's September 17 temporary Innovation Exemption for permissioned tokenized securities venues.
Key points
- Franklin Templeton met SEC Crypto Task Force staff on October 9 to discuss tokenized fund trading regulatory questions
- Discussions included trading pairs for tokenized ETFs and money market funds against tokenized stocks, stablecoins and other tokenized funds
Why it matters
The talks could clarify how existing investment company and securities trading rules apply to tokenized fund products traded on blockchain venues. This may impact how asset managers structure tokenized fund offerings and liquidity arrangements.
What's unclear
Whether the SEC granted any regulatory relief for the proposed tokenized fund trading structures
Sources · 2 publishers
Crypto Daily
Tier 3
Franklin Templeton Meets SEC Staff on Tokenized Fund Trading and Liquidity Pools
Coverage timeline
- First reported by Bitcoin.com News
- Confirmed by Crypto Daily
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error