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SEC Extends Ark, Global X Bitcoin ETF Deadlines as Government Shutdown Looms

by Source in article
September 26, 2023
in Bitcoin
0
U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

These deadlines were expected, as the SEC has traditionally taken the full 240 days to make a final decision. However, the threat of a looming shutdown seems to have pushed its interim decision up to Tuesday. Normally, the SEC waits until a few days prior to the deadline. In 2019, during the last shutdown, the SEC asked an applicant to withdraw its filing entirely.

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