SEC will not appeal Grayscale ruling
The U.S. Securities and Exchange Commission has elected not to appeal a court decision ordering it to reconsider its denial of Grayscale's ETP application, as it allowed the deadline for the move to pass.
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Grayscale files latest arguments for court to overturn SEC’s ETP rejection
In its fight to secure a formal ETP status, Grayscale argues that the U.S. securities regulator’s treatment of its proposed product is inconsistent and borders on discrimination.