SEC innovation exemption stories

Sep 16, 2026

SEC and CFTC issue crypto guidance after CLARITY Act fails in Senate

Following the Senate's failure to advance the CLARITY Act, the Securities and Exchange Commission and Commodity Futures Trading Commission issued new regulatory guidance for cryptocurrency developers and markets, with the CFTC submitting a proposed framework to the White House for review.

Sep 16, 20265 sources

Jun 17, 2026

SEC Preparing Policy to Allow Crypto Firms to Offer Tokenized Stock Trading

The U.S. Securities and Exchange Commission is developing an 'innovation exemption' policy that would permit crypto companies to offer blockchain-based versions of publicly traded stocks without full traditional broker licensing requirements. The move could enable 24/7 trading of tokenized equities and represents a potential major shift in U.S. equity markets.

Jun 17, 20269 sources

Top claims

▪Four Republican senators—Susan Collins, Josh Hawley, Jerry Moran, and Thom Tillis—joined Senate Democrats in voting against advancing the CLARITY Act (H.R. 3633) in the Senate's September 15, 2026, procedural vote
▪The Commodity Futures Trading Commission issued a "no-action position" on September 17, 2026, protecting qualifying software developers from broker registration enforcement.
▪The Commodity Futures Trading Commission's staff-level developer relief is revocable and requires software providers to remain passive without holding customer assets.

Subtopics

Crypto regulation2 Securities vs. commodities2 CFTC passive-software registration relief1 Crypto lobbying1 Crypto market structure1 Crypto regulatory agencies1 Crypto regulatory frameworks1 DeFi regulation1 Tokenization1 Tokenized securities1

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