According to a note from the Securities and Exchange Commission (SEC), an Exchange Traded Fund (ETF) put forward by Blockforce Capital’s Reality Shares ETF Trusts has been withdrawn. Reality Shares has requested its application to obtain the SEC’s approval of its ETF to be rescinded on the advice of the commission. A lawyer representing Reality Shares told Coindesk that the SEC thinks it’s “not appropriate to file a registered 40 Act fund with cryptocurrency exposure at this time.†Though it seems the SEC also took issue with the fact that the proposal had been submitted under a regulatory act that…
This story continues at The Next Web
Or just read more coverage about: Bitcoin
http://bit.ly/2BCjjcg Matthew Beedham February 14, 2019 at 06:00AM
No comments:
Post a Comment