The Commission stated that the exchange’s surveillance capabilities and the fund’s asset-quality thresholds meet the requirements of Section 6(b)(5) to deter fraud and manipulation
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SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading
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The SEC concluded that NYSE Arca’s market surveillance measures and the ETF’s asset-quality standards satisfy Section 6(b)(5) of the Exchange Act, which requires protections against fraud and market manipulation
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