TechSEC proposes rewriting 50-year-old Wall Street rules to put shareholder records on public blockchains
The SEC has proposed its first major overhaul of transfer-agent rules since the late 1970s and early 1980s, allowing blockchain or other distributed-ledger technology to serve as a company’s official shareholder record or part of it. Regulated transfer agents would retain exclusive responsibility for the record’s accuracy, security and access, while paper-based requirements would be replaced and tokenization reporting expanded.
SEC proposes rewriting 50-year-old Wall Street rules to put shareholder records on public blockchains
Tech