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Goldman Sachs Gets Go-Ahead For Active, Index-Tracking ETFs

FYI: Regulators this week granted Goldman Sachs (GS) permission to launch both actively managed and index-based exchange-traded funds, clearing the way for the firm’s asset management arm to step into the fast-growing ETF market.

The Securities and Exchange Commission gave the OK for both ETF styles in separate documents on Monday. Goldman filed initial paperwork for the ETFs in September.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/02/24/goldman-sachs-gets-go-ahead-for-active-index-tracking-etfs/tab/print/
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