ETFs & Mutual Funds
SEC to Prioritize Review of Mutual Fund ETF Applications
This article is for subscribers only.
Acting Securities and Exchange Commission Chair Mark Uyeda wants the regulator to move faster in reviewing applications to launch novel exchange-traded funds like the one filed by Dimensional Fund Advisors.
“More than two years have passed since the most recent set of exemptive applications for ETF share class relief was filed,” Uyeda said Monday in prepared remarks at an Investment Company Institute event in San Diego.