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Garrett Stevens explains what it means for the SEC to approve ETF share classes of mutual funds, and the benefits for investors. As someone who helps with ETF launches, he talks about how busy the industry has been with these conversions. He also explains some of the tax mechanisms that favor ETFs vs mutual funds.

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Breaking Down the SEC’s Approval of ETF Share Classes of Mutual Funds

Schwab Network

Breaking Down the SEC’s Approval of ETF Share Classes of Mutual Funds