U.S. SEC Delays Ruling on Grayscale’s Bitcoin ETF Application
A call for “written submissions” In its 10-page notice, the SEC specifically calls for “written comments” from “interested persons” from the general public to present their “views, data, and arguments” addressing the regulator’s previous concerns of market fraud, manipulation, and overall lack of transparency. The notice goes on to state that the public has 21 days from today, as noted in the Federal Register, to come forward with written data, views, and arguments on whether or not Grayscale’s application should be approved or disapproved – with an opportunity for rebuttal to any particular submission to be made within 35 days from today. For individuals interested in submitting their comments to the SEC, the notice affords the public a means to submit electronically or by paper. Those wishing to submit their comments electronically, are asked to use the SEC’s “Internet comment form” or send an email to rule-comments@sec.gov with the subject line “File Number SR-NYSEArca-2021-90...
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