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American Funds To Get Approval To Offer ETFs

FYI: (Follow-up Article)
In a move that could pave the way to a new order in the fund industry, securities regulators plan to approve a proposal by American Funds, the third-largest mutual fund brand, to offer ETFs for the first time.
Regards,
Ted
http://www.investmentnews.com/article/20150204/FREE/150209969?template=printart
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