According to Patrick McCorry, the SEC has the ability to establish a framework that exempts tokenized securities from certain existing rules and oversight requirements. This regulatory flexibility could have major implications for decentralized exchanges (DEXs) and similar platforms aiming to enable the trading of tokenized securities. The potential for clear exemption pathways increases the feasibility and attractiveness of DEXs supporting these assets, potentially accelerating the adoption of compliant tokenized securities trading in crypto markets. Source: Patrick McCorry