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The ETF-Mutual Fund Mashup Is Almost Legal—And Portfolios May Never Look the Same
Saturday, July 19, 2025 - 12:01pm | 791A regulatory overhaul is potentially looming—and the ETF market is waiting with bated breath. According to Morningstar’s most recent mid-year ETF guide, the U.S. Securities and Exchange Commission (SEC) may approve hybrid ETF-mutual fund share-class designs as early as the second half of...
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SEC Approves ProShares XRP Futures ETFs: XRP Price Surges Ahead Of Launch
Monday, April 28, 2025 - 9:52am | 670In a development that might reshape XRP’s position in traditional finance, the U.S. Securities and Exchange Commission (SEC) has cleared ProShares’ proposal to list XRP futures ETFs. Slated to list on April 30, the new funds might provide investors with a new, regulated way to ride, or...
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Crypto Regulation Sparks Legal Spats: Ripple, SEC And Pending S-1 Approvals In Focus
Monday, July 8, 2024 - 10:01am | 614As the cryptocurrency market matures, regulatory actions and legal frameworks remain pivotal. The U.S. Securities and Exchange Commission (SEC), under Chair Gary Gensler, has been proactively shaping the landscape, greatly influencing market dynamics. These developments will be central to...
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Bitcoin To Surpass $69,000 Peak Within 12 Months, VanEck CEO Projects
Monday, December 18, 2023 - 1:41pm | 622Jan van Eck, CEO of investment management firm VanEck has predicted a significant regulatory and market shift for Bitcoin (CRYPTO: BTC), anticipating that the Securities and Exchange Commission (SEC) will soon approve multiple spot Bitcoin ETF applications, a move that could redefine the...
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CFTC Chairman Rostin Behnam Signals Possible Jail Time For Binance Founder Changpeng Zhao: Here's Why
Thursday, December 14, 2023 - 4:28pm | 436Shedding light on the complexities of cryptocurrency regulation and the consequential legal actions against Binance founder Changpeng Zhao, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Thursday said the crypto mogul could eventually serve jail time. In an interview...
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Grayscale CEO Optimistic For Bitcoin ETF Approval Despite SEC Delay
Thursday, December 7, 2023 - 11:58am | 469Grayscale Investments CEO Michael Sonnenshein shared a positive outlook on the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF. What Happened: In an interview with Yahoo Finance, he said, "We're feeling optimistic," Sonnenshein remarked, highlighting the proactive...
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SEC Updates Wall Street Rules For Security-Based Swaps, Adds More Transparency
Thursday, November 2, 2023 - 5:03pm | 341The U.S. Securities and Exchange Commission (SEC) announced new rules on Thursday related to security-based swaps, updating reforms passed in the 2010 Dodd-Frank Act. The new rules and regulations allow security-based swaps trading platforms to register with the regulatory agency. This will grant...
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High Times Settles SEC Allegations With Fine Exceeding Half A Million Dollars
Wednesday, October 4, 2023 - 6:01pm | 422High Times Holding Corp. has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding allegations of an illicit stock promotion "scheme." The company has agreed to pay a fine of $558,071 within 30 days of September 27, as detailed in SEC records. See Also:...
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Former BlackRock Insider Foresees Bitcoin ETF Green Light By SEC Within Months
Wednesday, October 4, 2023 - 3:10pm | 696Steven Schoenfield, former managing director at BlackRock (NYSE: BLK) and current CEO of MarketVector Indexes, anticipates the Securities and Exchange Commission (SEC) will greenlight a Bitcoin (CRYPTO: BTC) spot ETF within "three to six months." This prediction was shared...
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If You Invested $1,000 In Bitcoin When Gary Gensler Became SEC Chair, Here's How Much You Have Lost
Thursday, September 28, 2023 - 4:53pm | 631Those in the cryptocurrency sector likely know the name Gary Gensler all too well. As the Chairman of the U.S. Securities and Exchange Commission, Gensler has been one of the biggest voices for cryptocurrency regulation since he took the position in 2021. Here’s a look back and how an...
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Legal Battles In Cannabis: UFCW Wins In Massachusetts, Alleged Misconduct In Arkansas, SEC Suit
Tuesday, September 26, 2023 - 2:18pm | 500Labor Judge Orders Massachusetts Dispensary To Negotiate With Union Despite Election Loss A federal judge ruled in favor of the United Food and Commercial Workers Union (UFCW) in Massachusetts, ordering cannabis retailer I.N.S.A. Inc. to negotiate with the union despite the UFCW losing an election...
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As SEC Chair Gensler Testifies Before Congress, Crypto Prices Enjoy Positive Run
Tuesday, September 12, 2023 - 12:37pm | 472Current Bitcoin and Ether prices are in the green while U.S. Securities and Exchange Chair Gary Gensler testifies before Congress. What Happened: Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices are trading almost 4% higher currently as Gensler appears before the Senate Committee on Banking...
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SEC Has No Grounds To Deny Bitcoin ETF, Says Grayscale
Tuesday, September 5, 2023 - 7:19pm | 495Grayscale Investments on Tuesday firmly communicated to the U.S. Securities and Exchange Commission (SEC) that there are "no grounds" to deny the transformation of its Grayscale Bitcoin Trust (OTC: GBTC) into an exchange-traded fund (ETF). What Happened: In a letter penned by...
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Binance Fights SEC 'Fishing Expedition' Over Customer Assets, Calls Data Demand 'Excessive'
Tuesday, August 15, 2023 - 11:10am | 612Binance is seeking court protection against the U.S. Securities and Exchange Commission (SEC), alleging that the regulator is on a "fishing expedition" through its extensive discovery demands. The firm contends in a court document, dated Aug. 14, that it complies in earnest with a court...
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Bitcoin ETFs Poised To Capture Significant Market Share Within 3 Years: Report
Monday, August 14, 2023 - 10:33am | 455Prominent brokerage firm Bernstein highlighted the potential impact of crypto exchange-traded funds (ETFs) on the market, emphasizing that such ETFs not only stimulate demand in the spot market but also act as a beacon of regulatory endorsement. This, in turn, attracts both retail...