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post: SEC ASKS EXCHANGES TO UPDATE 19B-4 FILINGS ON AN ACCELERATED BASIS FOR SPOT ETHER ETFS: COINDESK Source: DB | Coins: ETH post: The SEC’s Trading and Markets Division informed asset managers Monday morning to amend filings, known as 19b-4 filings, and refile them with the amendments, according to people familiar with the matter. WSJ with the same
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The U.S. Congress has passed a bill targeting the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This action marks the first standalone crypto legislation seeking to reverse the requirement that crypto assets be recorded as liabilities on balance sheets. Passed last week, the legislation under the Congressional Review Act (CRA) seeks to repeal SAB 121. ...