The US largest financial group call to SEC to SEC: Open and progressive rules come for crypto
At the meeting, which represents 90 %of the US financial sector, at a meeting with the SEC Crypto duty force, he exchanged views on digital assets, tokenized securities and digital commodities. The Association demanded that the regulatory frame be updated in accordance with technological developments and shaped by public processes.
Securities Industry and Financial Markets Association, one of the largest traditional financial representatives of the USA, held an important meeting on Thursday, July 4, 2025 with the US Securities and the Crypto Task force of the US Securities (SEC).
According to the official meeting notes published by the SEC, the focus of the meeting was the issuance of digital assets, tokenized securities and regulatory perspectives for digital commodities.
“Old rules are not enough for new services”
In his presentation, the adjective argued that existing regulations should be expanded to include new generation digital asset services. The Association requested a transparent, public and adaptable legislation, which takes into account the technological developments.
“The regulatory approach to digital asset service providers should be consistent, but it should keep up with technological changes.”
The adjective stated that especially in the expulsion and purchase-sale processes of tokenized securities, the functions such as stock market and broker, storage and trade should be separated. At the same time, he proposed directly to be cautious about the unlimited access of individual investors in these products.
“Transition processes for hybrid models should be defined”
The setting emphasized that the regulations should be structured not with a completely new regime, but with hybrid models suitable for transition periods. He also stated that the definition of securities should be clarified in a way that includes digital assets and to ensure cross -border regulation compatibility.
🔁 Recent Developments:
Recently, in another official statement he sent to the SEC, he opposed some digital asset companies’ tokenized stock issues through “No-Actation” or “Exemption”. The Association stated that such exceptional practices may harm the sector and that decisions should be taken through a transparent public process.
🏛️ What is the adjective?
The adjective is a lobbying organization representing approximately 90 %of the US financial market. Among its members are large investment banks, broker-dealer companies and asset managers. Only the administration of consulting members are the individual assets of 13 trillion dollars.
