MFA Urges Clear Regulatory Framework for Digital Assets in Senate Committee Recommendations
The Managed Funds Association (MFA) has submitted six high-level recommendations to the U.S. Senate Banking Committee, advocating for a coordinated regulatory approach to digital assets. The proposals aim to modernize oversight, foster innovation, and maintain the dominance of U.S. capital markets.
"Digital assets and tokenization could enhance market efficiency and liquidity," said Jillien Flores, MFA Chief Advocacy Officer. "Smart regulation grounded in proven principles will unlock these benefits while preserving investor protections."
The recommendations emphasize creating clear rules through the SEC and CFTC, preventing regulatory arbitrage, and supporting the growth of tokenized securities. The MFA argues this framework WOULD strengthen America's position in global digital finance leadership.