Galaxy Research Director: SEC Proposes Repeal of Reg NMS Rule 611, Potentially Unlocking Major Authority for Tokenized Stocks

Odaily News: Galaxy's research director stated on platform X that the U.S. SEC has just proposed repealing Reg NMS Rule 611, the rule against trade-throughs that has defined the structure of the U.S. stock market since 2005. This is an event in traditional finance, but also one of the biggest authorization unlocks for tokenized stocks to date.