SEC Sets Clear Line Between Issuer and Third-Party Tokenized SecuritiesPlease note that we are not authorised to provide any investment advice. On January 28, the U.S. Securities and Exchange Commission (SEC) issued new guidance, firmly distinguishing between two models for tokenized securities. The agency said tokenized securities are still securities under federal law. 🚨NEW: @SECGov staff just put out guidance on tokenized securities, laying out how federal securities laws apply and distinguishing between issuer-led and third-party tokenization models. The agency then addressed tokenized securities created by third parties that are not connected to the issuer.