Shareholder Joe Mannon, chair of the Vedder Price Private Fund Formation practice group, was featured in the article “SEC tells fund shops to follow DFA’s amended ETF share class application" for CityWire.

Throughout the article, Joe explains the potential outcomes of the Securities and Exchange Commission’s (SEC) advice to asset managers applying for exchange traded fund (ETF) share classes. He and the author note that the SEC’s advice to follow the Dimensional Fund Advisors’ (DFA) amended filing is intended to address concerns regarding impacted costs across fund share classes. Joe specifically highlights that applications aligned with the DFA revision will likely be approved by the SEC more quickly than others, offering clarity on the regulatory aspects of this process.

To read the article in full, visit the CityWire website here (subscription required for full article access).