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RE: Why The SEC Suspending Bitcoin ETN Trading Doesn't Matter
While I think the SEC is trying to do its job and protect potential investors, I think the suspension goes too far as it should be the brokerdealer’s responsibility to ensure suitability requirements are me for their clients. They should instead use the tools available to them through that regulatory framework to enforce protection that way instead of blanket suspension despite it being temporary. However, I agree that this should not impact the market but overreacting has been present here for some time now.