SEC moves closer to decision on “nontransparent” active ETFs
Regulator says a decision will come in November.
The Securities and Exchange Commission appears to be deciding whether to allow a new type of actively managed ETF to trade that does not regularly disclose its underlying holdings.
Kevin M. O'Neill, a deputy secretary at the SEC, set a deadline of Nov. 7 as the date by which the agency will decide w
Learn more about reprints and licensing for this article.