SEC Chief Atkins Delays Prediction-Market ETF Launch, Seeks Public Input

GateNews
SEC Chairman Paul Atkins said Wednesday that he has instructed staff to seek public input on proposed prediction-market exchange-traded funds, citing new regulatory questions. According to Bloomberg, fund sponsors have agreed to delay the launch of several ETFs tied to prediction market contracts while the commission deliberates on how the $15 trillion ETF market can accommodate these novel products.
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