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BSTX Rulebook for the First Regulated Security Token Exchange Published by the SECBOSTON, Oct. 17, 2019 /PRNewswire/ -- Boston Security Token Exchange ("BSTX") is pleased to announce that the proposed BSTX Rulebook for the trading of security tokens was published by the Securities and Exchange Commission ("SEC") on October 11, 2019. BOX Digital Markets LLC ("BOX Digital") and tZERO Group, Inc. ("tZERO") announced the BSTX joint venture on June 19, 2018 to become the world's first regulated exchange for trading security tokens. "The publication of the BSTX Rulebook is an important milestone as we work towards regulatory approval," said Lisa J. Fall, CEO of BSTX. "We believe the proposed rules provide a safe and transparent means for the trading of digitally enhanced securities. We welcome the public to comment or provide feedback on our proposal." "The trading of security tokens on a regulated securities exchange will pave the way for further innovation in the financial markets. These digitally enhanced securities are an important, responsible step in the adoption of tokenization. Tokenization has the potential to make the capital markets more accessible, efficient, inexpensive, and secure, thereby benefiting all market participants," continued Fall. tZERO manages ongoing technology implementation, administration, maintenance, and support. BOX Digital provides executive leadership and regulatory expertise. About BSTX About BOX Digital About tZERO tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions. View original content:http://www.prnewswire.com/news-releases/bstx-rulebook-for-the-first-regulated-security-token-exchange-published-by-the-sec-300940661.html SOURCE BSTX |