MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, February 15, 2011 Hey SEC, What's the Active ETF Holdup? Several actively managed exchange-traded funds from brand-name shops in the offing are being held up by regulators, the Wall Street Journal reports. The holdup by the Securities and Exchange Commission is reportedly related to questions about the use of derivatives or last spring's Flash Crash. For its part, an SEC spokeswoman told the pub that the agency's staff "seeks to review applications as efficiently as possible in the best interest of investors" and that "This review takes into account market events". In the meantime, T. Rowe Price [see profile], Eaton Vance [see profile] and Legg Mason [see profile] are still waiting. Printed from: MFWire.com/story.asp?s=36051 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |