Grayscale responds to SEC: GDLC's conversion to ETF suspension is unauthorized.

On July 11, Grayscale and its lawyers submitted a letter responding to the "halt" order from the SEC regarding the conversion of GDLC to an ETF, arguing that the SEC has no authority to do so.

Previously, it was reported that the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale's Digital Large Cap Fund's plan to convert to an Exchange-Traded Fund (ETF) and placed it under further review.

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ShadowStakervip
· 07-13 16:13
sec being sec... classic governance overreach smh
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AirdropSkepticvip
· 07-13 05:50
Why is there so much competition every day in the SEC?
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SignatureDeniedvip
· 07-12 09:27
SEC is just a paper tiger.
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CryptoMotivatorvip
· 07-11 13:23
This SEC really doesn't get it.
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StableGeniusvip
· 07-11 13:22
lmao sec trying to play god again... predictable af
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CryptoPunstervip
· 07-11 13:02
This situation is better off with my father-in-law managing the SEC.
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LeekCuttervip
· 07-11 13:01
The SEC is really causing a fuss.
View OriginalReply0
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