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Market regulation · 19/12/2012

AllianceBernstein Active ETFs, Inc. Seeks Approval for New ETF Trading Rules

AllianceBernstein Active ETFs, Inc. has submitted a request to the regulatory body for permission to issue shares of certain investment funds in large quantities, allowing for secondary market transactions at negotiated prices, and enabling certain affiliated parties to trade securities within the funds.

Source: Federal Register — SECOpen original release →