Hester Peirce Calls For Simpler Disclosure Rules, Tokenization Experiments

SEC Commissioner Hester Peirce, known as “Crypto Mom,” urged regulators to avoid excessive market control and consider streamlining disclosure requirements, particularly as tokenized securities gain traction. She argued that overly complex rules can hinder capital flow and that companies spend too much time on disclosures that don't necessarily clarify information for investors. Peirce highlighted the potential of blockchain technology to enable faster settlement and reduce the need for intermediaries. The SEC is exploring an “innovation exemption” for limited experimentation with tokenized securities, and has already signaled a willingness to allow the DTCC to explore blockchain-based tokenization services. These discussions occur alongside broader debates about crypto market structure legislation in Washington.

(Source：Cointelegraph)