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Will Legg Mason Jumpstart Actively-Managed ETFs?

By: ETFdb
Legg Mason appears ready to make its long anticipated move into the active ETF space. The Baltimore-based asset management firm filed for approval with the SEC that would allow it to introduce actively-managed ETFs to U.S. markets. Filing for exemptive relief is one of the first steps on the road to launching ETFs, and requires [...] Related Stories: Grail Plans Actively Managed Bond ETFs Grail Advisors To Launch Four Actively-Managed ETFs T. Rowe Price Plans Actively-Managed ETFs
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