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Live News REGULATION ARTICLE M impact

SEC issues innovation exemption for capital markets digital transition

The SEC has debuted its long-anticipated “innovation exemption,” which Chair Paul Atkins says is intended to bring U.S. capital markets into the digital age after the Senate did not advance sweeping cryptocurrency legislation.

The Securities and Exchange Commission released its long-anticipated “innovation exemption,” presenting the measure as a response to the Senate’s failure to advance sweeping cryptocurrency legislation.