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SEC To Reject Nontransparent ETFs

TedTed
in The Bullpen
FYI: The Securities and Exchange Commission Wednesday delivered a blow to active fund managers waging a decade-long campaign to build ETFs without fully disclosing their strategies to the public.
Regards,
Ted
http://www.investmentnews.com/article/20141022/FREE/141029968?template=printart
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