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ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ...
CoinTelegraph

ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers. Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital ...