[US SEC Commissioner Peirce Calls for Simplifying Disclosure Rules and Exploring Innovative Exemptions for Tokenized Securities] According to Cointelegraph, U.S. SEC Commissioner Hester Peirce stated during a speech to the Investor Advisory Committee that regulators should avoid excessive intervention in the market and consider simplifying disclosure requirements. She noted that public companies often spend too much time preparing mandatory disclosure information, which may obscure rather than clarify the information. Peirce mentioned that SEC staff are studying potential 'innovative exemptions' to allow limited experimentation with tokenized securities while assessing how existing securities laws apply to blockchain-based markets. She questioned whether tokenized securities require additional disclosure and intermediary requirements, pointing out that blockchain systems can enable faster settlement and, in some cases, eliminate the need for traditional intermediaries.