Deep Tide TechFlow message: On September 17, 2026, according to the SEC website, the U.S. Securities and Exchange Commission (SEC) issued an "innovation exemption" order on September 17, 2026, granting temporary, conditional relief to tokenized securities venues (TSVs). The exemption allows them to use license-based automated market maker (AMM) liquidity pools to trade tokenized National Market System (NMS) stocks. The exemption lasts for five years. SEC Chair Paul S. Atkins said this move is intended to help bring U.S. capital markets into the digital age. Key conditions include: limits on the trading symbol and trading volume; tokenized shares must ensure holders have the same rights as holders of traditional shares; smart contracts must be deployed on a public, permissionless distributed ledger and be auditable; and trading halts must be synchronized with underlying NMS stocks. The SEC is also seeking public comment on the exemption details.