To save others the trouble of searching:
Precidian Moves Closer to Starting a Non-Transparent ETF
Bloomberg above: " ... type of actively managed product that’s packaged as an exchange-traded fund. "
Can a lack of transparency actually sell more ETFs?
"Market Watch above: "he holdings of so-called non-transparent ETFs would not be disclosed on a daily basis, as is currently standard, in a shift that might be more closely equated to hedge funds."
Time For SEC To Liberate Active ETFs | ETF.com
etf.com above: "Sensible proposals for nontransparent active ETFs have languished at the Securities and Exchange Commission for years; it’s time to let them free."
"SEC’s requirement that active ETFs fully disclose their entire portfolios at the end of each trading day. That stands in contrast to mutual funds, which must only disclose their holdings quarterly with a 60-day lag."
Quote:
Originally Posted by MrRational
Is anyone else following this change in SEC rules?
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( formerly ignorant ) I am now.
Note: ignorant
!= stupid