Core Viewpoint - Ondo Finance has requested the SEC to delay or reject Nasdaq's proposal for tokenized securities trading, citing concerns over undisclosed settlement details that may give large institutions an unfair advantage [1] Group 1: Regulatory Concerns - Ondo Finance emphasizes that both regulators and investors cannot fairly assess the proposal without understanding the DTC blockchain settlement mechanism [1] - The Nasdaq proposal is currently under review by the SEC, with a decision expected as early as November [1]