United States:
BATS BZX Exchange's Proposal Disapproved By The SEC
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On March 10, 2017, the U.S. Securities Exchange Commission
("SEC") issued an order
disapproving BATS BZX Exchange's proposal to list and trade
shares of the Winklevoss Bitcoin Trust. The proposal, if granted,
would have established a bitcoin exchange-traded fund
("ETF") that market
participants could invest in through the BATS BZX Exchange
platform.
Read our full report at our sister site, the
Financial Regulatory Report.
The SEC order is available here.
This article is presented for informational purposes only
and is not intended to constitute legal advice.
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