Tokenization Goes Institutional. The Securities and Exchange Commission has cleared the path for tokenized securities, the DTCC pilot is launching in the second half of twenty twenty-six, and Nasdaq has won approval to trade securities in tokenized form. Eighteen plus digital bond issuances last year and major banks tokenizing money market funds signal that the rails of capital markets are being rebuilt in real time.
Twenty-Four by Five Trading Is Here. Nasdaq is moving to a twenty-three hour trading day, NYSE has preliminary SEC approval for a twenty-two hour day, and the DTCC is moving the National Securities Clearing Corporation to round-the-clock clearing. We discuss what this means for risk systems, batch processing, and the operating models that have run on a nine-thirty to four schedule for over a century.
Agentic AI and the SEC’s New Posture. The SEC has named AI washing one of its top twenty twenty-six enforcement priorities. We walk through the three pillar AI governance framework — model inventory, tiered risk, and continuous validation — that every regulated firm needs in place before its next exam.