Home      Login

Recent Developments in ETF Regulation  

Author:  Stephanie A. Capistron.; Jeremy I. Senderowicz.; Aiman Tariq.

Source: Volume 53, Number 18, October 15 2020 , pp.215-222(8)

Review of Securities & Commodities Regulation

next article > |return to table of contents


A new rule adopted by the SEC allows many ETFs to operate without first obtaining exemptive relief. After addressing the ETF structure and regulatory framework, the authors describe the new rule in detail. They then turn to new exchange listing standards for ETFs, semi-transparent active ETF exemptive relief, and no-action relief for index-based funds to exceed diversification limits.

Keywords: Rule 6C-11; Custom Creation and Redemption Baskets; Disclosure Requirements; Listing Standards; Diversification Limits

Affiliations:  1: Dechert LLP; 2: Dechert LLP; 3: Dechert LLP.

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $59

next article > |return to table of contents