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Saudi Energy (SE) (Arabic: السعودية للطاقة), formerly the Saudi Electricity Company (SEC), is an electric utility company and the Kingdom's primary power utility, operating across the generation, transmission and distribution of electric power in Saudi Arabia. In 2019, SE was ranked by Forbes as the 5th largest company in the Kingdom, and the 578th worldwide, with total annual sales of $17.1 billion.

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SEC creates regulatory pathway for tokenized stock trading
economy12 h ago
SEC creates regulatory pathway for tokenized stock trading

The U.S. Securities and Exchange Commission has issued an order creating a regulatory pathway and exemptions for trading venues to offer tokenized representations of U.S. stocks. The decision moves financial markets closer to 24/7 trading, provided specific regulatory conditions are met. Key requirements include preserving shareholder rights and allowing companies to object to the tokenization of their shares.

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