SEC Again Rejects Precidian Non-Transparent ETFs, Solidifying Eaton Vance Lead
July 28, 2015 at 14:15 PM EDT
The Securities and Exchange Commission denied Precidian Investments’ second request to launch non-transparent actively managed exchange traded funds, strengthening Eaton Vance’s exchange traded managed funds, or ETMFs, as a leader in the space. Back in October 2014, the SEC rejected the...