Galaxy Research Head: SEC Proposes Repealing Reg NMS Rule 611, Potentially Opening Major Permissions for Tokenized Stocks

Odaily Odaily reported on the X platform that the head of Galaxy Research stated the U.S. SEC has just proposed repealing Rule 611 of Reg NMS, the trade-through rule that has defined the structure of the U.S. stock market since 2005. While this is an event in the traditional finance space, it also represents one of the biggest permission unlocks for tokenized stocks to date.