Grayscale Challenges SEC’s Stay Order Blocking GDLC’s ETF Conversion

Asset manager Grayscale has responded to the SEC’s stay order regarding its proposal to convert its Digital Large Cap Fund into an ETF. The asset manager argued that the Commission doesn’t have the authority to put such an order on the proposal under Section 19b of the Exchange Act. Grayscale Argues SEC Has No Power

The post Grayscale Challenges SEC’s Stay Order Blocking GDLC’s ETF Conversion appeared first on CoinGape.