📗Fidelity Investments has formally urged the SEC to create a regulatory framework allowing broker-dealers to trade and custody crypto assets on Alternative Trading Systems(ATS).
📗Instead of building new systems, Fidelity argues that existing, established U.S. market infrastructure can support digital asset trading.
📗Fidelity wants clear rules for broker dealers to manage crypto assets, including third-party tokenized securities through ATS.
📗The request emphasizes the need for regulations regarding tokenized real-world assets.
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