ETFs might get break
The SEC has proposed a rule that would allow exchange traded funds to come on the market without obtaining individual exemptive orders from securities regulators.
The SEC has proposed a rule that would allow exchange traded funds to come on the market without obtaining individual exemptive orders from securities regulators. The proposal would apply to both indexed ETFs and actively managed ETFs. For a look at the proposal and information on submitting comment by May 19, visit sec.gov/rules/proposed/2008/33-8901.pdf.
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