Multiple crypto firms are lobbying the U.S. Securities and Exchange Commission (SEC) to accelerate the ETF review process and allow the submission of confidential draft filings, according to The Block. Grayscale specifically asked the SEC staff to commit to responding within 45 days. However, Jane Street and Charles Schwab expressed reservations, voicing concerns about rushing the listing process and the confidential filing mechanism.
Multiple crypto firms are lobbying the U.S. Securities and Exchange Commission (SEC) to accelerate the ETF review process and allow the submission of confidential draft filings, according to The Block. Grayscale specifically asked the SEC staff to commit to responding within 45 days. However, Jane Street and Charles Schwab expressed reservations, voicing concerns about rushing the listing process and the confidential filing mechanism.
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