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SEC Adopts New Rule on Exchange-Traded Funds

Posted on October 10th, 2019 at 2:27 PM
SEC Adopts New Rule on Exchange-Traded Funds

The Securities and Exchange Commission (“SEC”) recently announced that it voted to adopt a new rule and form amendments designed to “modernize” the regulation of exchange-traded funds (“ETFs”). The SEC also specified that it will issue an exemptive order that further harmonizes related relief for broker-dealers.

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