TechFlow News, April 17: According to filings with the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) submitted a proposed rule change (File No. SR-NYSE-2026-17) to the SEC on April 9, 2026, seeking to introduce Rule 7.50 and amend related provisions to permit eligible securities to trade in tokenized form on the exchange.
The proposal advances under the Depository Trust Company’s (DTC) three-year tokenization pilot program and is modeled after similar rules previously approved by the SEC for Nasdaq. Under the proposal, tokenized securities must share the same CUSIP number, ticker symbol, and shareholder rights as their traditional counterparts to be traded on equal footing and at the same priority level within the same order book. Initially, the scope will be limited to Russell 1000 Index constituents and ETFs tracking major indices; the settlement cycle remains unchanged at T+1, and existing regulatory requirements will apply equally to tokenized securities.
