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CryptoWorld reports that the U.S. Securities and Exchange Commission (SEC) has proposed to repeal two rules in its National Market System regulations, including Rule 611, which prohibits “trade-throughs.” The proposal is seen as a major unlock for tokenized U.S. stock trading, which would remove legal barriers for trading on decentralized platforms. Alex Thorn, head of research at Galaxy, said the proposal would provide greater flexibility for tokenized stock trading, especially because automated market makers (AMMs) cannot follow the existing trade-through rules when executing orders. The SEC plans to solicit feedback within the next 60 days and may adjust the proposal based on public comments.