Susan Gault-Brown spoke to Cointelegraph for an article covering how development is continuing for both security tokens themselves and the market infrastructure to support them.
Cointelegraph asked Susan about her recent work to get Arca’s security tokens into compliance, with the recent establishment of the Arca U.S. Treasury Fund, the first registered under the Investment Company Act of 1940 to offer its shares as digital securities.
“Whenever something is an issue of first impression with a regulatory agency, I think it tends to get more scrutiny,” Susan said. “Once you have one product that’s gone through registration, and you’re going to use the same framework – and I don’t think it’s necessarily just Arca. If you had another fund that’s looking to use the same framework, they’re going to have an easier time.”