Regulation
SEC Grants Dimensional Approval to Launch ETF Share Classes
The agency signaled its approval in September, but the official verdict was delayed because of the government shutdown.
The firm has applied for permission to launch 13 exchange-traded-fund share classes, but significant movement is not anticipated in the immediate future, experts say.
Dimensional Fund Advisors is the latest manager to be fired by the SFERS board due to performance issues for two of its investment strategies.