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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