It seems that incorrect Tweet in itself could constitute, in such a highly regulated environment,a motive/pretext for the SEC to reject the ETF requests. 99% of probability it was done on purpose.
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It seems that incorrect Tweet in itself could constitute, in such a highly regulated environment,a motive/pretext for the SEC to reject the ETF requests. 99% of probability it was done on purpose.
Wow.. that went over my head. Please explain?
I'm not an expert in that field, but spreading false information (false, according to Gary Gensler) about a multi bilion dollars market is legally punishable. I wouldn't be surprised to see the SEC use that incident to delay everything.
Oh my.. this is complex and you may be right.