In a quick turn of events, after canceling their meeting the SEC has taken collective action and passed the final ETF rule. The full press release can be found here.
How can ETFLogic help?
In addition to permitting ETFs that satisfy certain conditions to operate without first obtaining an exemptive order, the rule requires ETF issuers to provide additional disclosures in order to provide better transparency to investors.For the past few months, ETFLogic has been working on some unique tools which will help issuers with these potential disclosure requirements and also further our mission of providing better education and transparency to the entire ETF ecosystem.
Want to know more? Let’s set up some time to discuss how we might be able to help.