SEC Moves Closer to Approving ETF Share Classes for Mutual Funds

A key SEC notice would soon allow asset managers to add ETF share classes to existing mutual funds, using a multi-share class structure. As a result, mutual fund managers could offer ETF versions of their funds without launching entirely new ETFs. The first firm to test this model is Dimensional Fund Advisors (DFA), which has […] Read The Full Article SEC Moves Closer to Approving ETF Share Classes for Mutual Funds On Coin Edition.