ETF Titans Cry Foul Over SEC’s New ‘Favoritism’ Rule 🤷♂️
In a letter that could have been written by a group of very upset children, the CEOs of VanEck, 21Shares, and Canary Capital—Jan van Eck, Duncan Moir, and Steven McClurg—complained to SEC Chairman Paul Atkins on June 5. They’re not happy because the SEC has ditched the “first-to-file” rule, which they say has been a cornerstone of fairness and innovation. 🏆