#Latest news with #exemptivereliefBloomberg2 days agoBusinessBloombergVanguard Seeks SEC Blessing for Fund Design It PioneeredThe firm joins a long list of issuers who have petitioned the regulator for exemptive relief By Save Welcome to ETF IQ, a weekly newsletter dedicated to the $14 trillion global ETF industry. I'm Bloomberg News reporter and anchor Katie Greifeld. This week in full-circle moments, Vanguard asked the Securities and Exchange Commission for permission to issue ETF share classes of its existing mutual funds. In doing so, Vanguard joins a long list of issuers who have petitioned the regulator for exemptive relief — but their filing stands out because the Jack Bogle-founded firm pioneered the multi-share class structure in the first place.
Bloomberg2 days agoBusinessBloombergVanguard Seeks SEC Blessing for Fund Design It PioneeredThe firm joins a long list of issuers who have petitioned the regulator for exemptive relief By Save Welcome to ETF IQ, a weekly newsletter dedicated to the $14 trillion global ETF industry. I'm Bloomberg News reporter and anchor Katie Greifeld. This week in full-circle moments, Vanguard asked the Securities and Exchange Commission for permission to issue ETF share classes of its existing mutual funds. In doing so, Vanguard joins a long list of issuers who have petitioned the regulator for exemptive relief — but their filing stands out because the Jack Bogle-founded firm pioneered the multi-share class structure in the first place.
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