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SEC Seeks Public Comment on Novel Exchange-Traded Funds
Issuer U.S. Securities and Exchange Commission · Published
This text is not the issuer's. It was produced by a language model from the official document, then checked automatically against DFIN's neutrality rules. The title above is carried verbatim.
The U.S. Securities and Exchange Commission announced on June 30, 2026, that it issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies, with the aim of facilitating innovation while protecting investors and maintaining fair, orderly, and efficient markets. The Commission requests comment on the status of certain novel ETFs as investment companies, their regulation, and how the registration process for novel ETFs can continue to operate effectively. Brian Daly, Director of the SEC's Division of Investment Management, stated that ETFs grew from $4 trillion in 2019 to over $12 trillion at the end of 2025. The public comment period will remain open for 60 days following publication of the request for comment in the Federal Register.
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