ChainThink report, according to the SEC's official website, the New York Stock Exchange (NYSE) filed a rule amendment application with the SEC on April 9, proposing to add Rule 7.50, which would permit eligible member institutions to trade tokenized securities within the three-year DTC tokenization pilot program framework.

This filing aligns with Nasdaq’s prior similar rule amendment, which was approved by the SEC on March 18. Under the proposal, tradable tokenized securities are limited to constituents of the Russell 1000 Index and ETFs tracking major indices.

Tokenized securities must share the same CUSIP identifier and trading symbol as their traditional counterparts, confer identical rights to holders, and be permitted to trade alongside conventional securities on the same order book, maintaining existing priority execution rules and settlement under the T+1 standard.

NYSE further stated that all existing regulatory rules will apply equally to tokenized securities, including short-selling regulations, risk management protocols, and market surveillance mechanisms, with no need for significant exemptions or parallel market structures.