📰 Michael Burry says SEC plan to trade stocks like crypto — without company consent — 'needs to be stopped from going forward'
🗓️ May 24 2026 13:21 UTC - Kit Pulliam
➤ Michael Burry and Citadel Securities are opposing an SEC plan to allow third-party tokenization of stocks without company consent, citing risks to investor protection.
➤ The proposed 'innovation exemption' could lead to fragmented markets, loss of voting rights and dividends for token holders, and increased volatility due to 24/7 trading.
➤ Critics argue the plan would weaken regulatory standards like KYC/AML, increase consumer risk from DeFi hacks, and potentially lead to market manipulation.
#michaelburry #sec #tokenization #stocktrading #blockchain #investorprotection #fragmentation #citadelsecurities #defi #regulation
🔗 Read more at: https://rwatimes.io/articles/moneywise-michael-burry-says-sec-plan-to-trade-stocks-like-crypto-without-company-consent-needs-to-be-stopped-from-going-forward-3719835994
npub1rx…plrum
2026-05-24 23:31:29 CEST
Author Public Key
npub1rx9s98w7h8we47lmv5um68v8d4p78twcthmagfqc68ty0z6hl85suplrumPublished at
2026-05-24 23:31:29 CESTEvent JSON
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"content": "📰 Michael Burry says SEC plan to trade stocks like crypto — without company consent — 'needs to be stopped from going forward'\n🗓️ May 24 2026 13:21 UTC - Kit Pulliam\n\n➤ Michael Burry and Citadel Securities are opposing an SEC plan to allow third-party tokenization of stocks without company consent, citing risks to investor protection.\n➤ The proposed 'innovation exemption' could lead to fragmented markets, loss of voting rights and dividends for token holders, and increased volatility due to 24/7 trading.\n➤ Critics argue the plan would weaken regulatory standards like KYC/AML, increase consumer risk from DeFi hacks, and potentially lead to market manipulation.\n\n#michaelburry #sec #tokenization #stocktrading #blockchain #investorprotection #fragmentation #citadelsecurities #defi #regulation\n\n🔗 Read more at: https://rwatimes.io/articles/moneywise-michael-burry-says-sec-plan-to-trade-stocks-like-crypto-without-company-consent-needs-to-be-stopped-from-going-forward-3719835994",
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