In an unexpected move, the Securities and Exchange Commission (SEC) accelerated the decision-making process involving Franklin, a decision that was initially slated for January 1st. This unusual occurrence was pointed out by Scott Johnson, who also highlighted that Franklin stands out as the lone issuer who hasn't submitted an updated S-1 form yet.
This anomaly raised speculation among industry enthusiasts, including Johnson, who couldn't help but wonder whether Franklin's delay in submitting an updated S-1 form might have influenced the SEC's premature decision. As the crypto-industry eagerly awaits further developments, it will be interesting to see how this accelerated decision-making process unfolds, and what impact it may have on Franklin's future.
