MDAA
Myriad Dynamic Asset Allocation ETF
stockNYSEETF

So, one big fallacy that has cost people tons on this board is that rescheduling is something that can happen suddenly, based on one person’s waving of a magic wand. The process is outlined in an Act of Congress signed by the President. You can’t undo that with an executive order or a Bondi memo. A better question might be: What will be the next step in the process that leads to rescheduling and when will that happen? I don’t see any chance of a legislative process that ends in S3. So there may be fits and starts. For example, once Congress changes over in January of 27, it will be routinely added to must pass stuff like the MDAA and deficit cap extensions. That won’t lead to anything, though, so the next thing that gets us closer to actually realizing S3 is a restart of the administrative process. For that, the most likely next step is the assignment or appointment of a new ALJ and a resumption of the hearing.