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D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”

July 29, 2023 by DIGIT
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The decision relates to an SEC order from 2020 exempting SPIKES Index from the definition of securities futures.

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Categories Court, SEC, United States
Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
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  • bitcoinBitcoin(BTC)$94,294.00-2.54%
  • ethereumEthereum(ETH)$3,265.22-2.24%
  • tetherTether(USDT)$1.00-0.18%
  • rippleXRP(XRP)$2.15-3.50%
  • binancecoinBNB(BNB)$653.62-1.13%
  • solanaSolana(SOL)$178.71-1.77%
  • dogecoinDogecoin(DOGE)$0.308495-2.63%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • staked-etherLido Staked Ether(STETH)$3,258.52-2.11%
  • cardanoCardano(ADA)$0.88-2.25%
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  • bitcoinBitcoin(BTC)$94,294.00-2.54%
  • ethereumEthereum(ETH)$3,265.22-2.24%
  • tetherTether(USDT)$1.00-0.18%
  • rippleXRP(XRP)$2.15-3.50%
  • binancecoinBNB(BNB)$653.62-1.13%
  • solanaSolana(SOL)$178.71-1.77%
  • dogecoinDogecoin(DOGE)$0.308495-2.63%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • staked-etherLido Staked Ether(STETH)$3,258.52-2.11%
  • cardanoCardano(ADA)$0.88-2.25%