The D.C. Court of Appeals vacated the SEC's disapproval of NYSE Arca's proposal to allow the listing and trading of shares of Bitwise Bitcoin ETP Trust and Grayscale Bitcoin Trust, both of which held bitcoin.
News & Insights
The SEC rejected a proposed rule change by Cboe BZX Exchange to list and trade shares of a bitcoin-based exchange-traded product.
An SEC rule requiring exchanges to establish listing standards that require issuers to develop and implement clawback policies for erroneously awarded compensation will take effect on January 27, 2023.
The SEC adopted a rule requiring exchanges to establish listing standards that require issuers to develop and implement a policy on clawing back compensation that was awarded erroneously based on incorrect financial statements.
Grayscale Investments, LLC, sponsor of Grayscale Bitcoin Trust, petitioned the U.S. Court of Appeals for the D.C. Circuit to review an SEC Order disapproving the listing of Grayscale Bitcoin Trust, which holds bitcoin directly on the NYSE Arca Exchange.