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No it isn't. The SEC approved it with this exact language > Applicants request an order that would allow Funds to operate as actively- managed exchange traded
by freddie_mercury 8y ago
No it isn't.
The SEC approved it with this exact language
> Applicants request an order that would allow Funds to operate as actively-
managed exchange traded funds (“ETFs”)
It happened back in 2017 in Investment Company Act Release No. 32810.
Not sure how you missed that.