kaal:claim:5454054-037
Regulatory uncertainty, in particular the timeline for SEC approval of the NASDAQ and Dinari tokenization frameworks, could delay LER implementation.
Source quote, verbatim
Regulatory uncertainties, such as the timeline for SEC approval for NASDAQ and Dinari frameworks could delay LER implementation.
From
Wulf A. Kaal, Liquid Equity Rewards (2025), Market and Operational Benefits, p. 21
https://ssrn.com/abstract=5454054 · source PDF
Cite as
Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054
Holds when
Classification
failuresupport: arguedfailure: SEC approval timeline delayfamily: regulatory-lagsecurities-lawrisk-and-incentives
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