These deadlines were expected, as the SEC has traditionally taken the full 240 days to make a final decision. However, the threat of a looming shutdown seems to have pushed its interim decision up to Tuesday. Normally, the SEC waits until a few days prior to the deadline. In 2019, during the last shutdown, the SEC asked an applicant to withdraw its filing entirely.

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• Source: https://www.coindesk.com/policy/2023/09/26/sec-extends-ark-global-x-etf-deadlines-as-government-shutdown-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines