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SEC Plans to Level Playing Field For Newer ETF Firms

FYI: The U.S. Securities and Exchange Commission may strip Vanguard Group, BlackRock Inc and State Street Corp, the oldest and biggest providers of exchange-traded funds, of an advantage they hold over newer rivals in how they assemble the shares of their funds, said sources familiar with the SEC.
Regards,
Ted
http://www.reuters.com/assets/print?aid=USKBN0LY0D220150302
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