VanEck, 21Shares, and Canary Capital urged the SEC to approve ETF filings in the order they come in 📈
VanEck, 21Shares, and Canary Capital, major players in the ETF industry, have jointly called on the U.S. Securities and Exchange Commission (SEC) to return to its 'first-to-file' principle when it comes to ETF approval processes.
The issuers argue that this method ensures fair and timely approvals of applications, urging the SEC to adopt this approach to foster transparency and efficiency in the growing ETF market.
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