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Bloomberg analyst: US SEC is close to approving mutual fund ETF share category

Source: BlockBeats
BlockBeats News: On September 11, Bloomberg ETF analyst Eric Balchunas posted on social media that Katilyn Bottock, assistant director of investment management at the Securities and Exchange Commission (SEC), said the SEC was "close to the finish line" in approving mutual funds' ETF share categories. Currently, about 65-70 companies plan to advance the matter, with total assets under management reaching trillions of dollars.
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