News & Insights

Help
1099 News Results

The SEC extended its consideration of a proposed rule change to list and trade shares of (i) ARK 21Shares Bitcoin Exchange-Traded Fund on the Cboe Exchange, Inc. and (ii) Teucrium Bitcoin Futures Fund on the NYSE Arca Exchange.

Commentary by Steven Lofchie

The SEC proposed to (i) expand the definition of "exchange" under SEA Rule 3b-16 to include systems that only display "trading interest" (as opposed to "orders") including by use of "communication protocols"; and (ii) remove the exemption that Regulation ATS currently provides to systems that trade only government securities.