SEC Signals Openness to Novel Crypto ETPs

Partner Eric Simanek is quoted in this Law360 article about recent actions from the US Securities and Exchange Commission that suggest an increasing openness to novel crypto exchanged-traded products (ETPs), including a recent staff statement on related disclosure expectations and the recent approval of a novel fund.

Eric said that the SEC will be evaluating such products against Exchange Act regulatory requirements and noted that a robust and regulated futures market will also be key to future crypto-focused ETP approvals.

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