The Securities and Exchange Commission has granted exemptive relief for iShares’ registration to offer actively managed equities and fixed income exchange-traded funds, which it filed nearly a year ago.

iShares indicated in its filing that its actively managed ETFs would be transparent in that it will report portfolio holdings daily. Other ETF providers have been lobbying for quarterly disclosure.

The only actively managed ETFs on the market so far are fixed income, currency and leveraged funds, and an ETF that invests in a variety of asset classes from AdvisorShares called the Cambria Global Tactical ETF.

A number of other fund companies have filed to offer actively managed ETFs, including AllianceBernstein, Dreyfus, Eaton Vance, Janus, Legg Mason and T. Rowe Price.

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