According to CoinMeta, the U.S. Securities and Exchange Commission (SEC) issued a statement on September 18 granting a five-year exemption to qualified tokenized U.S. stocks, allowing them to be traded on U.S. blockchains. The tokens must have the same dividend rights, voting rights, and share class rights as the underlying stocks; synthetic exposure products are not within the scope of this exemption. The SEC referred to the tokenized stocks of certain companies as a "quasi-fraudulent market" and threatened to take legal action. It was also stated that listed companies do not have the authority to approve any products developed based on their stocks. Over the seven trading days from August 31 to September 9, the median deviation between the closing prices of these tokens in a specific pool and the closing prices on the New York Stock Exchange was 0.87%, with a maximum deviation of 2.71%. This pool accounted for approximately 95% of the related transactions.