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SEC Approves Temporary Tokenized-Stock Exemption for Small Offerings

By Drooid · Sep 23, 2026, 2:15 AM UTC · How we work

Summary

Story summary

CFTC Chairman Michael Selig sent a rulemaking package (RIN 3038-AF80) to the White House on September 17, 2026.
The Senate rejected the CLARITY Act on September 15, 2026, voting 49-50, short of the required 60 votes.
SEC Chairman Gary Gensler’s agency issued a temporary tokenized-stock exemption on September 17, 2026.
The SEC proposal permits offerings up to $5 million over four years and $75 million in twelve months, with comments due October 20, 2026.

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Story summary

CFTC Chairman Michael Selig sent a rulemaking package (RIN 3038-AF80) to the White House on September 17, 2026.
The Senate rejected the CLARITY Act on September 15, 2026, voting 49-50, short of the required 60 votes.
SEC Chairman Gary Gensler’s agency issued a temporary tokenized-stock exemption on September 17, 2026.
The SEC proposal permits offerings up to $5 million over four years and $75 million in twelve months, with comments due October 20, 2026.