Deep Tide TechFlow news, April 17: According to documents from the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) submitted a rule change proposal (File No. SR-NYSE-2026-17) to the SEC on April 9, 2026, proposing to add Rule 7.50 and amend related provisions to allow eligible securities to be traded in tokenized form on the exchange.
The proposal is advanced based on the Depository Trust Company (DTC)’s three-year tokenization pilot program, modeled after similar Nasdaq rules previously approved by the SEC. According to the proposal, tokenized securities must share the same CUSIP number, trading symbol, and shareholder rights as traditional securities to trade with equal priority on the same order book. Initially, the scope is limited to Russell 1000 index constituents and ETFs tracking major indices, with the settlement cycle remaining T+1 unchanged, and existing regulatory rules simultaneously applying to tokenized securities.
