SEC Proposes End to Trade-Through Rule, Unlocking On-Chain Equity Trading

The U.S. Securities and Exchange Commission (SEC) has proposed the elimination of the 'trade-through' rule, which has governed U.S. stock markets for decades.

This regulation requires investors to receive the best possible price for their transactions, a requirement that has historically acted as a major barrier for decentralized finance (DeFi) platforms attempting to list tokenized equities.

Crypto exchanges have struggled to trade regulated U.S. stocks under current rules, making their operations legally precarious. By rescinding this rule, the SEC is opening the door for a wave of regulated, on-chain equity trading.