The SEC has approved BTC ETFs
January 10, 2024 6:53 PM Subscribe
In particular, the Commission finds that the Proposals are consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the Exchanges’ rules be designed to
“prevent fraudulent and manipulative acts and practices” and, “in general, to protect investors
and the public interest;” and with Section 11A(a)(1)(C)(iii) of the Exchange Act, which sets
forth Congress’ finding that it is in the public interest and appropriate for the protection of
investors and the maintenance of fair and orderly markets to assure the availability to brokers,
dealers, and investors of information with respect to quotations for and transactions in securities.
This post was deleted for the following reason: Might need a re-write so that it's more accessbile to more users. Body could use more context and breakdown of acronyms. -- travelingthyme
I still want to know how they plan to measure capital gains for tax purposes.
posted by metametamind at 7:04 PM on January 10
posted by metametamind at 7:04 PM on January 10
Ridiculous. Crypto’s stupidity will never die.
posted by interogative mood at 7:06 PM on January 10
posted by interogative mood at 7:06 PM on January 10
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posted by Mizu at 7:02 PM on January 10 [1 favorite]