23:52
The SEC of the United States has issued an approval order allowing Dimensional to launch ETF share classes for its mutual funds.
Golden Finance reported that Nate Geraci, president of The ETF Store, posted on the X platform stating that the U.S. SEC has issued an approval order allowing Dimensional to launch an ETF share class for mutual funds.
Dimensional has become the second asset management company capable of this after Vanguard, and it is also the first institution to apply this model to actively managed products. In addition, there are currently about 90 other asset management companies that are also advancing the application of this business model.

