There’s a proposed exit ramp out of securities status.

There’s a proposed exit ramp out of securities status. Real estate can never take it. 👇 — Regulation Crypto Assets contains a safe harbor. Once the issuer’s promised efforts are complete, the asset stops being an investment contract. The token graduates. That works for a protocol that ships and steps back. Name the day a building is done. There isn’t one. Leasing, capex, refinancing, disposition. The sponsor’s work never finishes, so the condition never trips. Stop planning around a graduation that isn’t coming. — This is the rule that matters. Not the failed CLARITY vote. 402 pages. 154 questions. File No. S7-2026-27. New exemption tiers proposed: $5M startup with no financials, then $20M or $75M with disclosure and reporting. Whether property tokens qualify is still open. — ⏳ Comments close October 20. That’s Tuesday. This is the window where the rule can still be shaped. After it, you’re working around a framework written for something you don’t do. — ⚠️ Nothing else changed. Accreditation, suitability, transfer restrictions, transfer agent duties, venue rules. All still apply. — Structure under Reg D or Reg A now. Then go file a comment. 📄 Full breakdown: https://lnkd.in/g_WhrJZR ♻️ Repost before Tuesday for the sponsors who should be commenting ➕ Follow for digital asset securities law, made practical #RegulationCryptoAssets #RealEstateTokenization #SecuritiesLaw #SECRulemaking #RWA

• A proposed SEC rule change offers a potential 'safe harbor' for digital assets to exit securities status once issuer efforts are complete, but this framework may not suit real estate tokens due to their continuous operational needs.
• The article highlights new exemption tiers for startups and questions whether property tokens will qualify, emphasizing that comment periods are closing soon.
• Existing regulations like accreditation, suitability, and transfer restrictions remain in place, and interested parties are urged to comment on the proposed rule.

Topics: Legal regulatory, Asset types, Securities law classification, Real assets

Tags: #realestatetokenization #securitieslaw #secrulemaking #safeharbor #investmentcontract #regd #rega #rwa #tokengraduation

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