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We don't have to speculate. The SEC has stated their reasons. They are concerned mainly about market manipulation, not custodianship.
by modeless 5y ago
We don't have to speculate. The SEC has stated their reasons. They are concerned mainly about market manipulation, not custodianship.
- hatesinterviews 5y agoI think you’re overlooking the part of their statements where they have repeatedly emphasized investor protections. Some of the different ETFs are filed under different legislations, and the SEC claim that the Investment Company Act of 1940 provided better investor protections than the Securities Act of 1933, but I’m unclear of what particular stipulations make that so.
- thedudeabides5 5y agoSorry what are the reasons?