China's securities regulator has fined Tiger Brokers and Futu Securities for illegally offering mainland investors access to overseas trading. The CSRC stated the companies promoted trading and handled orders without approval, disrupting market order and threatening financial stability. Hong Kong's SFC also increased scrutiny.
China's securities regulator has fined Tiger Brokers and Futu Securities for illegally providing mainland investors access to overseas stock trading. The CSRC stated the companies disrupted market order and will confiscate ill-gotten gains.
SEC Chair Paul Atkins announced the agency is nearing release of an 'innovation exemption' that would allow market participants to trade tokenized securities onchain within a compliant framework. Speaking at the Economic Club of Washington, Atkins said the exemption provides a structured pathway for companies to facilitate blockchain-based securities trading while the SEC develops long-term rules. The announcement builds on the SEC's March 2026 token taxonomy guidance that clarified digital asset classification.
