The newly approved rule could shave months off the process of getting active ETFs on the market.
Index funds often benefit from a low-cost halo. They don't all deserve to bask in that glow.
As the industry endures market volatility and the onslaught of federal regulations, the search for cost reductions has become vital.
JPMorgan Chase, which acquired the company in 2008, is still trying to get insurers to foot part of the bill.
The party supports a financial transaction tax to rein in "excessive speculation" and fast traders that have "threatened financial markets."