The SEC has once again delayed the VanEck SolidX Bitcoin Trust in a new proposed rule change titled “Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to List and Trade Shares of the VanEck SolidX Bitcoin Trust.”
The rule change was posted today, Monday 20th May 2019.
The SEC “seeks and encourages interested persons to provide comments” on a number points outlined in the rule change, with comments due 21 days after publication and rebuttal comments due 35 days after publication.
Specifically outlined in the rule change, is the need to prevent fraud and manipulative acts and to protect investors and the public interest.
