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SEC Close to Making Decision About Dual-Share-Class Funds
Yahoo Finance· 2025-09-11 19:17
You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. (Bloomberg) -- The US Securities and Exchange Commission is getting closer to making a decision about whether asset managers can offer ETFs as share classes of mutual funds, according to Kaitlin Bottock, assistant director at the regulator’s division of investment management. Every major fund firm, including BlackRock Inc. and State Street Corp., is waiting for the SEC’s greenlight on the ma ...