Everyone is expecting massive denial this upcoming Monday over 9 ETF's that were disapproved earlier last month. What makes it different now? Well how about the fact that they decided to take time to review them? Does it not signal that they just needed more time to consider it and only way to do that was disapprove them and then move them into pending review stage nearly days after it? I am not trying to signal to anyone that we will get any of them approved this time, but analyzing this situation something doesn't make sense. For one, why would they even review them again?

With that said we must wait until November 5 now to get more clarification.