SEC cools traders’ hot plans for cryptocurrency-based exchange traded funds
January 19, 2018 at 00:56 AM EST
The U.S. Securities and Exchange Commission has serious concerns about the securities industry’s plans to create exchange traded funds around cryptocurrency. In a strongly worded letter to the heads of the Securities Industry and Financial Markets Association and the Investment Company Institute, the director of the division of investment management, Dalia Blass said that there were… Read More