SEC proposes making it easier to start ETFs
Rule is expected to give exchange-traded funds a boost, but complex products wouldn't be eligible for the streamlined process
The fast-growing $3.6 trillion U.S. market for exchange-traded funds is closer to getting a shot in the arm after Wall Street's main regulator advanced a proposal for streamlining its approval process for the products.
The Securities and Exchange Commission plan approved for public comment on Thurs
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