On November 9th, according to The Block, the US SEC has again delayed a decision on whether to approve a request to list options on a spot Ethereum ETF on the New York Stock Exchange (NYSE). The SEC said in its filing that the delay is intended to allow more analysis and public comment, particularly as to whether the proposed rule change complies with the requirements of the Securities Exchange Act.
The SEC highlighted concerns about the proposal's potential impact on preventing market manipulation, protecting investors, and ensuring the arm's length transaction system, which fall under Section 6 (b) (5) of the Securities Exchange Act.
The SEC has again postponed its decision to list spot Ethereum ETF options on the New York Stock Exchange
2024-11-09 00:14:45
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