SIFMA AMG ​​​​​​​urged the SEC Investor Advisory Committee to preserve flexibility for asset managers and not mandate any single approach as to how mutual funds and ETFs vote their shares.

Jamie Selway, Director of the SEC's Division of Trading and Markets, highlighted the agency's efforts to harmonize SEC and CFTC rulebooks and jointly develop a framework to list and trade tokenized securities.

In testimony before the House Financial Services Committee, OCC Comptroller Jonathan Gould signaled a significant break from the regulatory posture that followed the 2008 financial crisis.

SEC Chair Paul Atkins emphasized the importance of the Investment Advisory Committee's review of how passive investment funds vote their shares - and the influence of proxy advisors on that vote.

SEC Commissioner Hester Peirce posited that securities regulation should not reach neutral blockchain infrastructure, open-source code, or non-custodial DeFi tools, and should instead apply to centralized actors that hold or control other people's securities and funds.