17 Jun 2025
📈SEC Extends Review Period for VanEck Avalanche ETF Proposal
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the VanEck Avalanche ETF Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission has extended the review period for a proposed rule change regarding the listing and trading of VanEck Avalanche ETF on the Nasdaq Stock Market. This decision allows additional time to consider the implications of the proposal and any associated regulatory issues.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text involves a proposed rule change related to the listing and trading of a new ETF, which could affect market dynamics and investment opportunities for business owners and executives in the financial sector. Compliance with new regulations may also impact trading practices.