The US SEC issues approval order, allowing Dimensional to launch ETF share classes for mutual funds.

Jinse Finance reported that Nate Geraci, President of The ETF Store, posted on X that the US SEC has issued an approval order allowing Dimensional to launch ETF share classes for mutual funds. Dimensional has become the second asset management company after Vanguard to have this capability, and it is also the first institution to apply this model to actively managed products. In addition, about 90 other asset management companies are currently advancing applications for this business model.