The decision to delay was expected
If you scratch a little at that surface though you may find reason to be reasonably confident over the long-term.
For those who know a bit about how the SEC was likely to approach this situation, seeing the ‘ETF decision delayed’ headlines wouldn’t have come as much of a shock.
The odds were that the SEC was always going to delay the decision, possibly even beyond September and into the first quarter of 2019.
In fact, I would have personally been more surprised if they had decided to announce a decision this month..
