[Franklin Templeton Meets with U.S. SEC Crypto Working Group to Discuss Tokenized Funds and On-Chain Trading Mechanisms for U.S. Stocks] Odaily Planet Daily News – On October 9, Franklin Templeton held discussions with the U.S. Securities and Exchange Commission (SEC) Crypto Working Group regarding tokenized fund shares and the direct exchange mechanism for tokenized U.S. stocks on blockchain trading platforms. Key topics of the meeting included whether investors can directly exchange these assets, whether liquidity providers can charge service fees, and the applicability of pricing rules under the Investment Company Act. Additionally, the parties discussed the feasibility of pairing tokenized ETFs and tokenized stocks with compliant payment stablecoins or tokenized money market funds, as well as whether related liquidity pools would require exemptions from investment company regulations.