FUNDamentals Market Update – What’s Happening In Today’s Market?

“The most recent development in the registered investment funds space has been the long-awaited movement toward the SEC granting dual share class ETF exemptive relief. This will be a significant catalyst for growth in registered fund work, because it enables active managers interested in the ETF space to both avoid cannibalizing their existing non-ETF products and achieve improved ETF scale immediately.”…
By: Troutman Pepper Locke
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