ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Direct Indexing
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Multifactor
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. New ETF Rule to Even Playing Field for Small Players
News
Share

New ETF Rule to Even Playing Field for Small Players

Max ChenMay 30, 2019
2019-05-30

Among the more important aspects in the regulatory landscape today, the SEC is enacting new rules in the way ETFs can hit the markets.

“The (new) ETF rule is going to be important for small- and mid-sized advisors who want to move into the ETF space because it is very likely to just, you know, bring down one hurdle and lower the cost to market entry. It is also going to be import, actually, for large advisors who have not yet gotten into the space,” Stacy Fuller, Partner at K&L Gates, said at Inside ETFs 2019.

The U.S. securities regulator last year unveiled a proposal to allow issuers to launch vanilla ETFs without first seeking approval from the regulator. The move would help boost competition and innovation by lowering the barriers to entry.

According to the SEC, rule 6c-11 would “exempt exchange-traded funds (‘ETFs’) from certain provisions of [the Investment Company Act of 1940] and our rules.” In addition, it “would permit certain ETFs to begin operating without the expense and delay of obtaining an exemptive order from the Commission.” Thus, with the new regulation, ETFs would be allowed to enter the market much more quickly and easily.

Previously, issuers hoping to propose a new ETF must first acquire SEC permission, a process known as exemptive relief, before selling funds. Such a process has inadvertently given some firms a competitive advantage, which in turn has prompted lobbyist activity for years.

Watch the full interview between ETF Trends CEO Tom Lydon and Stacy Fuller:


Content continues below advertisement

For more ETF-related commentary from Tom Lydon and other industry experts, visit our video category on ETF Trends.

» Popular Pages

  • Tickers
  • Articles

Sep 22

Treasury Yields Snapshot: September 22

Sep 22

Screen Out and Tilt in Stocks to Your Liking With Direct Indexing

Sep 22

This Week in ETFs: Launches Ramp Up

Sep 22

Check Out BNDI for Bond Exposures in a High Rate Environment

Sep 22

What You Might Have Missed at Yesterday's Equity Symposium

Sep 22

Lock in Some High Yields for Longer With VCLT

Sep 22

AI/Gig Economy Combination Could Power These ETFs

Sep 22

Don’t Sleep on Small-Caps: NTKI Enhances Income

Sep 22

Matthews Asia Launches 5 New Active Emerging Market ETFs

Sep 22

Bet on Blue Economy With KSEA

QQQ

Invesco QQQ Trust Series I

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

SCHD

Schwab US Dividend Equity ETF...

JEPI

JPMorgan Equity Premium...

XLK

Technology Select Sector SPDR...

TLT

iShares 20+ Year Treasury...

VTI

Vanguard Total Stock Market...

IVV

iShares Core S&P 500 ETF

SMH

VanEck Semiconductor ETF


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X