SEC's advisory group backs tokenized securities push, outlines how to keep it safe

The committee that steers the U.S. securities regulator on investor issues voted to support a new effort to regulate stock transactions on blockchains. What to know : The U.S. Securities and Exchange Commission is pushed by its Investor Advisory Committee to move forward on tokenized securities regulations. The committee voted for recommendations that outline how such rules should proceed, citing needs for mandatory reporting and fairness in customer orders. SEC Chairman Paul Atkins said the process is already underway to issue some direction to the industry to allow regulated tokenization.