Money Stuff: The Podcast · Thursday, July 2, 2026
The Securities and Exchange Commission (SEC) has issued a request for comments regarding the ETF application process, signaling a need to refine how it oversees new and unconventional ETF products. This comes as a surge in filings for areas like prediction markets and sports gambling ETFs has led to concerns about a 'dog-piling' effect among issuers and the potential for a confidential filing process.
“So this week they put out a request for comments on just sort of like weird ETFs.”
“Basically, they're thinking about how they oversee the ETF industry in general. One of the things they're asking is whether there should be additional circumstances under which they could suspend the effectiveness of an ETF so launching.”
“And now they're asking, maybe this should be a confidential. Process, right, because like when someone other than me, yeah, dreams up the mousetrap of like what's bet on sports favorites? You want that to yourself. You don't want everyone to copy before you long?”