Business Headlines

Bitcoin Tracker One and Ether Tracker One Suspended by U.S. SEC

published Sep 9, 2018, 6:07:10 PM, by Jesse Westbrook
(Bloomberg) —
The U.S. Securities and Exchange Commission temporarily suspended trading in two securities linked to cryptocurrencies on Sunday, citing investor confusion regarding the assets.

The halted securities are Bitcoin Tracker One and Ether Tracker One, the regulator said in a statement. The suspension started Sunday and will last through Sept. 20, according to the statement.

Brokers who allow customers to trade Bitcoin Tracker One and Ether Tracker One or offer quotes on the securities during the halt could be subject to enforcement actions, the SEC said.

To contact the reporter on this story: Jesse Westbrook in Washington at jwestbrook1@bloomberg.net To contact the editors responsible for this story: Jesse Westbrook at jwestbrook1@bloomberg.net Ros Krasny, Matthew G. Miller
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© 2018 Bloomberg L.P

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Walt Alexander

Walt Alexander

Walt Alexander is the editor-in-chief of Men of Value. Learn more about his vision for the online magazine for American men with the American values—faith, family & freedom—in his Welcome from the Editor.

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