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Author Topic: [2017-02-27] SEC Update on COIN ETF: Higher Probability of Approval?  (Read 615 times)
jholmes91
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February 27, 2017, 03:12:28 PM
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The Winklevoss Bitcoin ETF (COIN), which is to be either declined or approved by the Securities and Exchange Commission (SEC) on March 11, is seeing some progress that could result in the final approval...

Read more Here:

https://btcmanager.com/sec-update-on-winklevoss-etf-higher-probability-of-approval/

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nikkisnowe
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February 28, 2017, 01:47:32 AM
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One somewhat minor misconception I think many have regarding the approval denial process is that a decision will be made ON March, 11.  There is no meeting on March 11 where this issue will be decided.  The SEC has UP TO March 11 to make a decision however that decision could be made at any time until that date. 
cr1776
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February 28, 2017, 01:56:18 AM
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One somewhat minor misconception I think many have regarding the approval denial process is that a decision will be made ON March, 11.  There is no meeting on March 11 where this issue will be decided.  The SEC has UP TO March 11 to make a decision however that decision could be made at any time until that date. 

Likewise, they do not have to decide.

There are at least three options: approve, disapprove, or do nothing. The "do nothing" option results in the equivalent of approval of the rule changes by default. 
nikkisnowe
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February 28, 2017, 03:07:17 AM
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Considering that there only exists two current SEC commissioners,  both who are ideologically opposed to or another,  with three vacancies, the potential of a non-decision is lot greater than i think a lot of others might expeft.
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February 28, 2017, 03:13:40 AM
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One somewhat minor misconception I think many have regarding the approval denial process is that a decision will be made ON March, 11.  There is no meeting on March 11 where this issue will be decided.  The SEC has UP TO March 11 to make a decision however that decision could be made at any time until that date. 
Erm well that has been pretty clear to anyone following the ruling. Certainly doesn't require you nor anyone else pointing it out in a Bitcoin fora. Ffs

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cr1776
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February 28, 2017, 01:03:38 PM
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One somewhat minor misconception I think many have regarding the approval denial process is that a decision will be made ON March, 11.  There is no meeting on March 11 where this issue will be decided.  The SEC has UP TO March 11 to make a decision however that decision could be made at any time until that date. 
Erm well that has been pretty clear to anyone following the ruling. Certainly doesn't require you nor anyone else pointing it out in a Bitcoin fora. Ffs

Given OP was not clear on it, and said "on" they were right to point it out.
nikkisnowe
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February 28, 2017, 01:39:05 PM
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One somewhat minor misconception I think many have regarding the approval denial process is that a decision will be made ON March, 11.  There is no meeting on March 11 where this issue will be decided.  The SEC has UP TO March 11 to make a decision however that decision could be made at any time until that date.  
Erm well that has been pretty clear to anyone following the ruling. Certainly doesn't require you nor anyone else pointing it out in a Bitcoin fora. Ffs


Erm, Fuck off.
9 out of 10 articles on the issue make reference to something happening on March 11 and therefore I'm making note of it.  Maybe, Shithead, the post was directed at the multitude of individuals who have not been following the ruling closely.  Certainly nothing requires your opinion on the matter, as you add nothing to the conversation unless you somehow have the need to moderate various posts.  With such a moronic comment, I'm guessing your short, probably have a small dick, think you're a lot more witty than you actually are, and have a dreamy desire to be in charge a lot, yet no one allows it.  (For fucks sake)  
mescalito
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March 02, 2017, 12:40:24 AM
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Quote
Likewise, they do not have to decide.

There are at least three options: approve, disapprove, or do nothing. The "do nothing" option results in the equivalent of approval of the rule changes by default. 
So if they won't disapprove, twins are free to start operating?
mescalito
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March 05, 2017, 11:55:47 PM
 #9

Currently the probability of approval is 52% and growing, this looks hopeful.
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