According to Joe Morris of Ignites, the SEC is trying to speed up reviews of applications for exchange traded funds.  With the popularity of ETFs, the SEC has been flooded with filings.  They are evaluating the current process with the intention of making it more streamlined.  There has been criticism for taking too long on ETF approvals.

One possibility is allowing companies propose multiple similar ETFs without going through the filing more than once. And for the routine, index-based ETF applications, perhaps allowing registration without first getting an exemptive order.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.