July 11, 2018
The faster the SEC regulates an ETF, the lower the chance money will flow into exchanges into less regulated jurisdictions. The longer the SEC waits to enact an ETF, the more money is at risk of flowing into unregulated jurisdictions. This could put investor money at risk, which goes against the values of the SEC.
I would urge the SEC to immediately bring a investment friendly regulatory stance towards the SR-CboeBZX-2018-040.