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Benzinga
Benzinga
Business
Chandrima Sanyal

ETF 2.0: SEC's New Rule Hands Big Fund Houses A Massive Advantage

SEC ETF Aniket Ullal United States
ETFs

The U.S. Securities and Exchange Commission (SEC) has presented Wall Street’s largest fund houses with a gift-wrapped growth engine. Its recent approval of “ETFs as a share class” could turbocharge an already booming business for ETFs and further increase the gap between the giants and the rest.

DFAC stock is at important technical levels. Get the details here.

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