The SEC on Friday voted to reopen the comment period on a proposal that would expand the definition of "exchange" under Rule 3b-16 of the Securities Exchange Act of 1934. The proposal, unveiled in ...
An exchange is an open, organised marketplace for commodities, stocks, securities, derivatives and other financial instruments. The terms exchange and market are often used interchangeably, as they ...
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again. Coinbase has submitted a new letter to the United ...
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