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SEC - Self-Regulatory Organizations: NYSE Arca, Inc.- Order Disapproving A Proposed Rule Change, As Modified By Amendment No. 1, Relating To The Listing And Trading Of Shares Of The SolidX Bitcoin Trust Under NYSE Arca Equities Rule 8.201

Date 28/03/2017

NYSE Arca (“Exchange” or “NYSE Arca”) has filed a proposed rule change to list and trade shares of the SolidX Bitcoin Trust. When an exchange makes such a filing, the Commission must determine whether the proposed rule change is consistent with the statutory provisions, and the rules and regulations, that apply to national securities exchanges. The Commission must approve the filing if it finds that the proposed rule change is consistent with these legal requirements, and it must disapprove the filing if it does not make such a finding.

"The Commission believes that the significant markets for bitcoin are unregulated," the SEC said in its filing,.

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