ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

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ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers.