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SEC transfer agent rule overhaul stories

Sep 1, 2026

SEC proposes first major transfer agent overhaul since 1980s, writing blockchain into ownership records

The SEC proposed allowing blockchains to serve as official records of share ownership while imposing new risk-management and cybersecurity duties on transfer agents, the first substantive update to these rules in over 40 years.

Sep 1, 2026·5 sources
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Top claims

  • ▪The SEC's proposed rule would explicitly allow the use of blockchain technology and distributed ledgers as official records of securities transactions and share ownership
  • ▪SEC Commissioner Hester Peirce questioned whether the proposed rule should allow transfer agents to collect digital wallet addresses and emails instead of physical names and addresses
  • ▪The SEC announced a roundtable on September 17, 2026, to discuss overnight surveillance, closing-price practices, and clearing and settling for continuous 24-hour securities trading

Subtopics

Blockchain technology1Crypto regulation1Cybersecurity1Securities regulation1Tokenized securities1

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