tl;dr
Hester Peirce, also known as Crypto Mom, is advocating for tokenization through unilateral sandbox activities to promote market transparency across the US and the UK. As a Republican Commissioner at the US Securities and Exchange Commission, she is pushing for a cross-border sandbox that would allow...
Hester Peirce, also known as Crypto Mom, advocates for cross-border sandbox activities between the US and the UK to promote market transparency. The proposed digital securities sandbox (DSS) aims to facilitate innovation and information sharing between regulators, fostering cross-border innovation. The sandbox aims to leverage technologies like Distributed Ledger Technology (DLT) to issue, trade, and settle securities based on agreed regulatory stipulations. The sandbox activities would allow firms to access markets without immediate full compliance, while providing real-world insights on DLT's impact on securities issuance and trading. The initiative emphasizes the importance of similar regulatory requirements in the US and the UK to promote market transparency and safeguard investors.
Hester Peirce, also known as Crypto Mom, is advocating for tokenization through unilateral sandbox activities to promote market transparency across the US and the UK. As a Republican Commissioner at the US Securities and Exchange Commission, she is pushing for a cross-border sandbox that would allow US-domiciled firms to participate in the digital securities sandbox (DSS) and foster cross-border innovation through an information-sharing agreement between the two nations. The sandbox aims to facilitate innovation in highly regulated sectors, create a conducive environment for effective regulations, and provide a manageable entry point into highly regulated markets. Peirce emphasizes the need for similar regulatory requirements in the US and the UK to promote market transparency and maximize the longer-term success of firms with the Commission.
Hester Peirce, alias Crypto Mom, is pushing for tokenization through unilateral sandbox activities. She says it would promote market transparency across the US and the UK. PEIRCE WANTS FIRMS TO CONDUCT SAME SANDBOX ACTIVITIES Republican Commissioner at the US Securities and Exchange Commission, the famous Crypto Mom , Hester Peirce, has made a case for a cross-border sandbox between two jurisdictions, the United States and the United Kingdom. The letter looks to leverage the promise of the digital securities sandbox (DSS), serving investors, market participants, and regulators. This letter outlines one simple approach that our jurisdictions could take to implementing a cross-border sandbox. Suggesting that the DSS be open to US-domiciled firms, Peirce wants an information-sharing agreement between the two nations, saying that the expanded eligibility would foster cross-border innovation.
Among the innovations include technologies like the Distributed Ledger Technology (DLT) to issue, trade, and settle securities based on agreed regulatory stipulations. Firms participating in the DSS could choose to operate in the US under the same regulatory conditions as those they follow in the UK. The firms’ US activities would have to stay below predetermined monetary and customer ceilings and would be subject to the general anti-fraud provisions of the securities laws. Making her case, she explains that the information-sharing agreement between the SEC and UK regulators covering joint sandbox activity would enable both regulators to learn from activity undertaken in both jurisdictions. An information-sharing agreement would also address the concerns about a lack of supervision over non-UK firms. This had previously led to the proposed exclusion of non-UK firms from the DSS. With this, Peirce proposes that firms conduct similar sandbox activities.
Also, consumers and investors get access to products and services that might not otherwise be available to them. The sandbox generates real-world insights on DLT, determining whether it could streamline the issuance, trading, and settlement of securities. At the same time, it safeguards investors and upholds market integrity and financial stability. Citing the need to have similar regulatory requirements in the US and the UK, the commissioner says it would promote market transparency. Firms would have to adhere to reasonable conditions but reserve the right to choose regulatory systems that would serve investors and markets best. This would maximize their longer-term success with the Commission. “I emphasize that this micro-innovation sandbox is not a Commission proposal,” she said, adding that it is a work in progress and welcomed public comment on viability and design. Also Read: Crypto To Play Important Role In US Economy Amid Brewing Elections: Sen Cynthia Lummis
More about C3 Ai Inc
Stock Market Analysis Summary C3 Ai Inc (C3)
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: $29.41 billion
Revenue: $296.40 million
Price Change: -2.34
Price/Earnings Ratio: 2.536
Dividend Yield: -0.917%
Shares Outstanding: 1 billion
EPS: $29.73
Beta: 0
Volatility: 0.176
More about GameStop Corp
GameStop Corp. is a company headquartered in Grapevine, Texas. It operates within the trade and services sector, specifically in the retail-computer and computer software stores industry. The company's revenue stands at 7,859,565,000, with a net income of 746. It has a earnings per share (EPS) of 0.03 and a price-earnings (P/E) ratio of 17.28. The company's beta is 0.0013, and it has a market capitalization of 5,272,800,000. GameStop Corp. has a price-to-sales (P/S) ratio of 0.38, a return on equity (ROE) of 0.259, and an operating margin of -0.194.
More about Alpha Pro Tech Ltd
Alpha Pro Tech Ltd,Alpha Pro Tech, Ltd., develops, manufactures and markets a range of disposable protective garments, infection control and construction products in the United States and internationally. The company is headquartered in Markham, Canada.
Industry: LIFE SCIENCES
Sector: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES
Revenue: $59,612,000
EPS: 14.57
Dividend Yield: None
P/E Ratio: 0.35
ROE: 5.23%
Debt to Equity: 0.0692
Market Cap: $609,140,000
Current Price: $16.75
Price/Earnings Growth Ratio: 0.101
Price/Book Ratio: -0.023
More about Interlink Electronics Inc
Interlink Electronics Inc Summary Interlink Electronics Inc Summary
Interlink Electronics, Inc. designs, develops, manufactures, and sells force sensing technologies that incorporate proprietary material technology, firmware, and software into standard sensor-based products and custom sensor system solutions. The company is headquartered in Irvine, California.
Company Details:
Sector: Technology
Industry: Computer Peripheral Equipment
Market Cap: NEC
Shares Outstanding: 45850700
Stock Performance:
Change: -0.13
Change (%): 1.396
Price: 21.01
Change from 50-Day Moving Average: -0.0677
Volume: 13786000
Relative Strength Index (14): 7 (Considered Oversold)
Price Change from 200-Day Moving Average: -0.047 (Bearish)
More about DSS Inc
DSS Inc,Document Security Systems, Inc. manufactures, markets and sells packaging and security printing solutions. The company is headquartered in Victor, New York.
Industry: MANUFACTURING
Sector: PAPERBOARD CONTAINERS & BOXES
Market Cap: 13214900
Dividend Yield: None
EPS: None
P/E Ratio: -10.94
Forward P/E (1y): 3.16
Profit Margin: 0
Revenue: 22203000
Debt to Equity: 27.6
Return on Equity: 0
Beta: -0.675