CBOE’s Bold SEC Play: Slashing ETF Listing Time to Just 75 Days
Wall Street's paperwork treadmill just got a turbocharger. CBOE's latest SEC filing could shrink ETF approval timelines to a lean 75 days—lightning speed by bureaucratic standards.
Behind the red tape: The exchange giant isn't asking permission. It's rewriting the rulebook on how financial products hit the market. No more multi-year waits while hedge funds twiddle their billion-dollar thumbs.
The fine print gambit: By front-loading compliance checks, CBOE bypasses the SEC's traditional review queue. Clever? Absolutely. Will it trigger regulator pushback? Place your bets.
Bonus jab: Because nothing says 'efficient markets' like needing 11 weeks to approve what algorithms will trade in 11 microseconds.