In May, the SEC issued its first exemptive order allowing for non-transparent actively managed ETFs. This has the potential to change the ETF industry, opening up more opportunities for managers. Rob Owens, Managing Director of our Investment Manager Services division, recently spoke with ETF Express to consider some of the implications of this decision.
ETF Express: SEC's Exemptive Relief Opens Up ETF Market to Active Managers
July 18, 2019