The SEC approved, on an accelerated basis, a rule change to NYSE Arca Rule 8.500-E to allow Trust Units issued by limited liability companies and support index-based crypto portfolios
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The accelerated order amends NYSE Arca Rule 8.500-E to permit Trust Units issued by limited-liability companies and to recognize index-based portfolios.
It is therefore ordered, pursuant to Section 19(b)(2) of the Exchange Act, that the proposed rule change (SR-NYSEARCA-2024-87), as modified by Amendment No. 1, be, and hereby is, approved on an accelerated basis," the agency said.
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