Date: 5 months ago   Category: Economy

SEC is ready to revise the decision on ETF occasion


The U.S. Securities and Exchange Commission (SEC) has decided to revise the decision on refusal in offers on creation of cryptocurrency ETF passed you Wednesday.

the U.S. Securities and Exchange Commission (SEC) has decided to revise the decision on refusal in offers on creation of cryptocurrency ETF passed you Wednesday.

According to information of CCN, these refusals have once again emphasized unwillingness of the commission to create more available conditions for retail investors. However on Thursday SEC has stated that it will revise these offers at a repeated meeting headed by the chairman Jay Clayton.

according to the chairman, refusals have been made by employees on behalf of the management of SEC. As the commissioner Hester Pearce has explained, the commission usually delegates similar decisions to the employees, however reserves an opportunity to reconsider him.

of Pearce who criticized SEC refusal to brothers Winklevoss recently has published the copy of the letter in which it is specified that the chairman and commissioners of the commission will personally reconsider refusals that it will be convinced that they have been made according to the rules SEC. there is no

In the letter the signature and it isn't specified when the commission has to make the decision. The U.S. Securities and Exchange Commission (SEC) has decided to revise the decision on refusal in offers on creation of cryptocurrency ETF passed you Wednesday.

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