Market regulation · 06/12/2013

VTL Associates, LLC, et al. Seek Approval for New Share Redemption Rules

VTL Associates, LLC, and other applicants are requesting a new order that would allow certain investment companies to issue shares redeemable in large quantities, trade on secondary markets at negotiated prices, and pay redemption proceeds after a longer period, while also allowing affiliated persons to exchange securities within the group and external investment companies to acquire shares.