In this podcast, SIFMA president and CEO Kenneth E. Bentsen, Jr. and managing director Tom Price discuss SIFMA’s new white paper on security tokens. The paper, which was co-authored by SIFMA and PricewaterhouseCoopers LLP, provides a foundational understanding of how distributed ledger technology (DLT) and digital assets such as security tokens interplay with the current securities market. It also describes the key operational challenges faced by U.S. broker-dealers hoping to adopt this technology and recommends where regulatory clarity would be helpful in addressing these challenges. Learn more at www.sifma.org.