Global Stock News

Crypto Groups Push SEC for Tailored Rules on Novel ETFs

Crypto Groups Push SEC for Tailored Rules on Novel ETFs

Crypto firms, asset managers, market makers and consumer advocates pressed the Securities and Exchange Commission with competing plans for regulating a new generation of exchange-traded products, spanning crypto, private assets, event contracts, and leveraged strategies.

“Just as the Commission has modernized rules to promote efficiencies for ETFs, the Commission should consider providing similar efficiencies for non-ETF ETPs to promote regulatory parity, foster innovation, and expand investor choice,” the Crypto Council for Innovation wrote.

Myriad: Will Congress pass the Clarity Act? Click to make your prediction.
Myriad: Will Congress pass the Clarity Act? Click to make your prediction.

CCI’s letter joined submissions from Andreessen Horowitz, the Solana Policy Institute,…

Source link

Share this article

Scroll to Top