ICYMI: SEC punts on WisdomTree, One River spot bitcoin ETF proposals
"The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and any comments received," read the order.for its One River Carbon Neutral Bitcoin Trust in May of 2021. The product would hold bitcoin and value its shares with an additional adjustment for the expense of offsetting carbon credits.
Like other spot bitcoin products, the SEC has kicked the can on the decision multiple times. The Commission was slated to finally issue a decision on April 3, 180 days after the October 5 publication, but the order designates an additional 60 days for a June 2 decision. "The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised in the comments that have been submitted in connection therewith," said the order.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC pushes decisions on WisdomTree’s and One River’s applications for spot Bitcoin ETFsThe SEC will push the deadline for approving or disapproving a rule change allowing shares of the WisdomTree Bitcoin Trust and One River Carbon Neutral Bitcoin Trust for listing on the Cboe BZX Exchange and New York Stock Exchange’s Arca, respectively.
Read more »
U.S. SEC set to unveil landmark climate change disclosure ruleThe U.S. securities regulator on Monday will unveil a landmark proposal requiring public companies to disclose greenhouse gas emissions, part of President Joe Biden's efforts to fight climate change.
Read more »
SEC climate-change rules could demand that companies account for pollution they don’t directly createThe SEC is poised to set new climate-change disclosure rules Monday, and all eyes are on whether the agency could force companies to regularly report the more complicated Scope 3 emissions that are out of their direct control.
Read more »
The SEC wants companies to disclose how climate change is affecting themUnder the rule proposals, companies would be required to share information about their greenhouse gas emissions as well as climate-related risks faced by their businesses.
Read more »
SEC proposes rule mandating companies tally greenhouse emissions, disclose climate change riskPublic companies would be required to disclose how climate-related risks will impact their businesses, how they plan to identify and manage climate risks and more, according to a new proposed rule.
Read more »
The SEC wants to know a lot more about what companies are doing about climate changeSEC Commissioners will be meeting Monday to propose rules to enhance disclosures regarding climate-related risks.
Read more »