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BRIEF-ASIC Intends To Review Regulatory Settings For Certain Exchange Traded Managed Funds

Published 30/07/2019, 12:05 pm
© Reuters.  BRIEF-ASIC Intends To Review Regulatory Settings For Certain Exchange Traded Managed Funds

July 30 (Reuters) -

* ASIC - INTENDS TO REVIEW THE REGULATORY SETTINGS FOR EXCHANGE TRADED MANAGED FUNDS THAT USE INTERNAL MARKET MAKERS

* ASIC - REQUESTED THAT EXCHANGE MARKET OPERATORS DO NOT ADMIT MANAGED FUNDS THAT DO NOT DISCLOSE THEIR PORTFOLIO HOLDINGS DAILY

* ASIC - EXISTING ACTIVELY MANAGED EXCHANGE TRADED MANAGED FUNDS ARE NOT IMPACTED

* ASIC - REQUESTED THAT EXCHANGE MARKET OPERATORS HAVE INTERNAL MARKET MAKERS WHILE ASIC UNDERTAKES A REVIEW DURING REMAINDER OF THIS CALENDAR YEAR

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