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Market regulation · 29/10/2014

NYSE Arca Disapproves Proposed Rule Change for Managed Portfolio Shares and ActiveShares Funds

NYSE Arca, Inc. has disapproved a proposed rule change that would have allowed the listing and trading of managed portfolio shares and shares of three actively managed funds: ActiveShares Large-Cap Fund, ActiveShares Mid-Cap Fund, and ActiveShares Multi-Cap Fund.

Source: Federal Register — SECOpen original release →