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The SEC is considering allowing companies to use Distributed Ledger technology for the issuance, trading, and Settlement of securities.
[The SEC is considering allowing companies to issue, trade, and settle securities using Distributed Ledger Technology] Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the SEC is considering a potential exemption order that would allow companies to issue, trade, and settle securities using Distributed Ledger Technology (DLT), and would permit companies to trade eligible tokenized securities using innovative trading systems.