In the Commission on securities and exchange Commission (SEC) promised to reconsider the decision refusing to launch nine exchange-traded funds (ETFs) focused on the cryptocurrency market. It is reported by CoinDesk, citing a letter from the Secretary of the American regulator of the Brent fields, directed to the senior Advisor to NYSE Group David de Gregorio.
The letter says:
…We hereby notify you that, pursuant to Rule 43 of the I practice of the Commission (17 CFR 20 I 1 .43), the Commission wants to review the delegated activities.
The author of the letter also notes that until the revision of its decision, the SEC upheld a ban on launching a bitcoin ETF from August 22 of this year. A copy of the message was directed to the administration of the Chicago Board options exchange (Cboe).
We will remind, earlier it was reported that the U.S. regulator explained its decision to reject the request to launch a bitcoin ETF the lack of mechanisms to prevent fraud and price manipulation in scriptactive.
Information on the intention to revisit the ban was confirmed by the Commissioner of the Commission on securities and stock exchanges of Esther pierce. Previously, she criticized the SEC’s decision to refuse the brothers Winklevoss to launch a bitcoin ETF.
Bitcoin has reacted to the recent decision of the Commission with slight decline, but in the course of trading on Thursday, basic cryptocurrencies still hold the key positions.