Bitcoin securities and exchange commission – CWEB.com
The Securities and Exchange Commission (SEC) has denied a 2nd bid to list a bitcoin exchange-traded fund on the New York Stock Exchange. The decision, published today, presents the second bitcoin-tied ETF turned down by the SEC since the start of the month. Federal law requires their CEOs to personally certify that those reports do not contain “any untrue statement of a material fact.” Just as importantly, they must also swear that the reports don’t “omit to state a material fact” relevant to the company’s financial health.
