Wu Blockchain learned that SEC Commissioner Mark T. Uyeda spoke at the 2026 Asset Management Derivatives Forum, highlighting the progress of Treasury clearing rules and the development of tokenization in the securities market. The SEC has approved the registration of two new clearing houses, CME Securities Clearing and ICE Clear Credit, providing market participants with more clearing options. Data from the Office of Financial Research shows that if the rules are implemented in the first eight months of 2025, U.S. global systemically important banks could free up an average of $34.5 billion in balance sheet space. Regarding tokenization, Uyeda stated that the SEC has stopped using enforcement as its primary means of expressing its views, instead promoting limited pilot programs through regulatory guidance and exemptions. He emphasized that SEC rules should remain technologically neutral, focusing on results rather than process, while ensuring appropriate investor protection measures.