Legg Mason, T. Rowe Price May Join Active ETF Pool
January 16, 2013 at 08:12 AM EST
T. Rowe Price (NYSE: TROW) and Legg Mason (NYSE: LM) have received approval from the Securities and Exchange Commission to begin trading actively managed exchange traded funds. “I expect them to move fast,” Robert Goldsborough, an ETF analyst with Morningstar, said in a Baltimore Sun...