Law Blog Tag: Arbitrage for ETFs

SEC Continues to Review, And Delay, Crypto Funds

May 22, 2018 in Blockchain, Blockchain Technology, Cryptocurrencies, Distributed Ledger Technology, DLT, Exchange Traded Funds (ETFs), ICOs, Initial Coin Offerings, Initial Cryptocurrency Offerings, NYSE, SEC

On January 18, 2018, the SEC issued a letter to the Investment Company Institute and the Securities Industry and Financial Markets Association (SIFMA) explaining why the SEC could not approve a cryptocurrency-related exchange traded fund (ETF) or mutual fund. The letter, authored by SEC Division of Investment Management director Dalia Blass, explains the SEC’s reservations Read the full article…