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Techub News reports that representatives from JPMorgan Chase, Citadel, and the Securities Industry and Financial Markets Association (SIFMA) held a meeting with the U.S. SEC Cryptocurrency Working Group on Tuesday. The topics discussed included the SEC's upcoming plan to exempt tokenized securities, which could harm the overall U.S. economy; as well as the SEC's previous announcement to allow certain DeFi projects to be exempt from U.S. securities laws. In materials distributed at the meeting, SIFMA stated: "Regulatory treatment should be based on economic characteristics rather than the technology used or category labels (e.g., 'DeFi'). Broad exemptions for tokenized trading activities could undermine investor protection and lead to market chaos."