12 Sep 2025
📈SEC Proposed Rule 6c-11 Extension
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 6c-11
Summary
The Securities and Exchange Commission is seeking comments on the proposed extension of Rule 6c-11 under the Investment Company Act of 1940, which allows ETFs to operate without an exemptive order. The rule aims to enhance transparency and competition in the ETF market by requiring specific information disclosures and operational protocols.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice discusses Rule 6c-11, which imposes mandatory compliance requirements on ETF managers regarding disclosure, recordkeeping, and operational policies. This affects business owners in the ETF sector as they must adapt to these requirements and may incur significant costs associated with compliance.