Revealed: Key Recommendations from US GAO to SEC on Spot Bitcoin ETF

Usa markets ETF SEC Landmark security Bitcoin recommendations

17.01.2024 - 21:31

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cryptonews.com:

The landmark announcement of a spot Bitcoin exchange-traded fund (ETF) approval has significantly impacted the financial landscape.

While the market sentiment has been predominantly positive, a recent revelation shows that the US Government Accountability Office (GAO) had a few recommendations prior to the green light from the Securities and Exchange Commission (SEC).

According to a document published on December 15, 2023, and released on January 16, 2024, the US GAO made some key suggestions the SEC should implement to ensure effective regulatory control.

One of the recommendations required the top security agency to prepare a new workforce planning strategy that aligns with its preset strategic and performance goals for 2022 to 2026.

The non-government arm stated that this workforce planning initiative should be executed through the office of the Chief Human Capital Officer.

US GAO Recommendations to SEC Prior to Spot Bitcoin ETF Approval Revealed ↗ pic.twitter.com/rEzUzHbHvA

— AirdropAdventure

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