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Wall Street regulator calls for public comment on 'novel' exchange traded funds

Wall Street regulator calls for public comment on 'novel' exchange traded funds

Tue, June 30, 2026 at 2:24 PM UTC

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WASHINGTON, June 30 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday called for public comment on regulating 'novel' exchange-traded funds backed by increasingly popular prediction markets, two months after delaying approval of dozens of such funds that depend on outcomes in real-world events like elections.

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(Reporting by Douglas Gillison and Daphne Psaledakis)

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Source: “AOL Money”

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