The SEC (U.S. securities regulator) is considering a framework that would let public companies object when third parties list tokenized versions of their shares without consent, a step that would shape how tokenized equities are allowed to trade in the United States. Bloomberg reported on Aug. 11 that the provision may be part of the agency's forthcoming Innovation Exemption, which would waive some rules so traditional securities such as stocks can trade as tokens on blockchain networks and potentially support 24-hour trading. The agency is also weighing guardrails including limits that would confine tokenized securities trading platforms to U.S. entities and anti-money laundering (AML, rules against illicit finance) requirements, while separately preparing for an Aug. 14 public meeting on a possible issuance framework for certain virtual-asset-related investment contracts. The push comes as Congress has yet to advance the CLARITY Act, a digital-asset market-structure bill, though Senate Majority Leader John Thune has moved toward a procedural vote in mid-September after lawmakers return from the August recess.