SEC issues order of suspension of trading in Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”)
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Two securities instruments have been suspended for reasons linked with confusion amongst investors.
Tweet thisThe Securities and Exchange Commission temporarily suspended trading for two securities linked to cryptocurrencies on Sunday, citing “confusion amongst market participants.”
Brokers are not allowed to let customers trade Bitcoin Tracker One or Ether Tracker One or offer quotes on either of the two securities during the suspension period.
The suspension commenced at 5:30 pm EDT Sept. 9, 2018 and will terminate at 11:59 pm EDT Sept. 20, 2018.
View the Securities and Exchange Commission Release No. 84063 below:
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