Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions
10 Articles
10 Articles
Cointelegraph
Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions
Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews.
Key news points: Grayscale, a16z and CCI asked the SEC to preserve existing classifications and avoid general restrictions for new ETFs and other listed products. a16z proposes product-specific reviews, coordinated registration and listing processes and more predictable deadlines, while Grayscale and CCI support confidential pre-request conversations. ... Read more
SEC assesses rules for innovative ETFs under public consultationGrayscale, a16z and KIC request that the SEC evaluate innovative ETFs by individual risk
Leading figures in the crypto sector have asked the U.S. Securities and Exchange Commission (SEC) not to impose a collective restriction on next-generation exchange-traded funds (ETFs). Grayscale, a16z, and the Crypto Innovation Council (CCI) argued that instead of treating the products as a single category, they should be evaluated according to their own risk parameters.
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