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SEC approves NYSE's simplified listing process for actively managed ETFs

The New York Stock Exchange has received approval from the SECto streamline its listing process for certain actively managed exchange-traded funds.

Many actively managed funds will be able to list new ETF productswithout a separate filing with the SEC under Rule 19b-4. The change will align thelaunch process for index-based and actively managed ETFs.

NYSE is part of IntercontinentalExchange Inc.