SEC Lets Funds Mix ETFs and Mutual Shares for Easier Investing
Published Date: 3/30/2026
Notice
Summary
The SEC is giving special permission to certain investment funds to offer both exchange-traded shares (ETFs) and regular mutual fund shares under one roof. This change makes it easier for funds to operate smoothly and offer more choices to investors. If you want to speak up, you have until April 20, 2026, to request a hearing before the new rules take effect.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Funds Can Offer ETF and Mutual Classes
You who invest in funds could see registered open-end funds offer one class of exchange-traded shares (ETF Shares) and one or more non‑exchange‑traded mutual fund share classes inside the same fund (a "Multi-Class ETF Fund"). The applications would provide both (i) ETF operational relief consistent with Rule 6c-11 and (ii) relief to permit an ETF Class alongside Mutual Fund Classes.
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Key Dates
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