The U.S. SEC has once again delayed its decision on the listing of spot Ethereum ETF options on the New York Stock Exchange

2024-11-09 08:29:47
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ChainCatcher news, according to The Block, the U.S. SEC has again postponed its decision on whether to approve the request for listing spot Ethereum ETF options on the New York Stock Exchange (NYSE).

In the submitted documents, the SEC stated that the delay is intended for further analysis and public opinion, particularly regarding whether the proposed rule changes meet the requirements of the Securities Exchange Act.

The SEC emphasized concerns about the potential impact of the proposal on preventing market manipulation, protecting investors, and ensuring a fair trading system, which fall under the provisions of Section 6(b)(5) of the Securities Exchange Act.

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