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Foley says it published an analysis of the SEC’s innovation exemption
Foley said it published an analysis of the SEC’s innovation exemption and its potential application to tokenized securities markets. The firm’s article examines the positions of issuers, trading venues and liquidity providers, alongside questions about how rights and obligations would operate within an exempt market structure.
Key points
- Foley identifies Patrick Daugherty, Michael Bresnahan, Christi Lawson and Louis Lehot as the authors.Foley
- The firm’s article discusses issuer objections to tokenization arrangements.Foley
- Foley’s publication examines records and data requirements.Foley
- The firm’s analysis considers the treatment of rights associated with underlying securities.Foley