Numerous asset managers and fund complexes are waiting on the U.S. Securities and Exchange Commission to approve over 50 pending exemptive applications to offer exchange-traded funds as a share class within a multiple share class structure.
A recent Stradley Ronon report, analyzing over 50 pending exemptive applications was featured on ETF.com, highlighting the growing industry push for regulatory changes.
Partner Brian Murphy, author of the report, shares his insights on why issuers are seeking relief and why we might see change in the coming months.
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