Oklahoma City, OK—based Exchange Traded Concepts, an exchange-traded fund platform for emerging managers, has received the green light from the Securities and Exchange Commission to launch actively managed ETFs, Money Management Executive has learned.

ETC, which touts itself as a “white label” firm launching funds for other managers, has several clients that it is currently talking to in terms of launching active ETFs, according to CEO Garrett Stevens. “We have individual managers with separate account strategies whoa relooking for a new distribution channel,” Stevens told MME.

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