STA submitted a letter on July 1, 2026 to the SEC regarding the SEC Tokenization Framework. As providers of operational infrastructure that supports the U.S. securities markets, transfer agents are directly concerned with how tokenized securities are issued, recorded, transferred, and reconciled with an issuer’s shareholder records. STA urges the Commission to ensure that any innovation exemption or permanent regulatory framework distinguishes actual, issuer-authorized, natively issued tokenized securities from unaffiliated synthetic instruments and removes infrastructure impediments that would otherwise disadvantage genuine tokenized securities. Read the full letter here,