What's the SEC must do with it? All the things or nothing at all, based on whom you question. The agency is billed with protecting consumers and oversight of exchanges engaged in location trading of securities—financial assets that are bought with an expectation of revenue derived from the endeavours https://financefeeds.com/frax-launches-frxusd-stablecoin-powered-by-blackrocks-buidl-and-securitize/