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Will Legg Mason Jumpstart Actively-Managed ETFs?
By:
DailyMarkets.com
Posted on February 24, 2010 at 14:38 PM EST
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 ...
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