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A comment on U.S. SEC rejects Valkyrie, Kryptoin Bitcoin trusts. Parent comment

Re:U.S. SEC rejects Valkyrie, Kryptoin Bitcoin trusts by modeless on Thursday December 23, 2021 @06:52PM (#29668040)
We don't have to speculate. The SEC has stated their reasons. They are concerned mainly about market manipulation, not custodianship.
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Re:U.S. SEC rejects Valkyrie, Kryptoin Bitcoin trusts by thedudeabides5 on Thursday December 23, 2021 @11:13PM (#29670098)
Sorry what are the reasons?
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Re:U.S. SEC rejects Valkyrie, Kryptoin Bitcoin trusts by hatesinterviews on Thursday December 23, 2021 @07:25PM (#29668316)
I think you’re overlooking the part of their statements where they have repeatedly emphasized investor protections.

Some of the different ETFs are filed under different legislations, and the SEC claim that the Investment Company Act of 1940 provided better investor protections than the Securities Act of 1933, but I’m unclear of what particular stipulations make that so.

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