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.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-14200 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule for Trading on the BOX Options Market LLC Facility To Establish the ORF Rate Under the New Methodology for Assessment and Collection of the ORF
Starting July 2, 2026, BOX Exchange is changing how it charges the Options Regulatory Fee (ORF) for trades on its platform. Traders using BOX will see the ORF calculated with a new method, which could affect how much they pay. This update aims to keep fees fair and clear for everyone involved.
2026-14201 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend its Rules To Permit the Listing of Binary Options Overlying Key Performance Indicators (“KPIs”) Reported by Certain Issuers of Stock (“Binary KPI Options”)
Cboe Exchange wants to let people trade new binary options based on key performance indicators (KPIs) reported by some companies. This change affects investors who like quick, yes-or-no bets on company performance and could open fresh ways to invest starting soon after approval. It’s a cool new twist that might shake up how folks bet on business success!
Previous / Next Documents
Previous: 2026-06020 — Advisory Committee on Former Prisoners of War, Notice of Meeting
The Advisory Committee on Former Prisoners of War is holding a virtual meeting on April 21, 2026, to discuss benefits and support for veterans who were POWs. Veterans, their families, and the public can join online and share their thoughts by April 6 or during a live comment session. This meeting helps shape how the VA improves care, compensation, and rehab for these heroes.
Next: 2026-06022 — Lord Abbett Private Credit Fund, et al.
Lord Abbett and its related funds want permission from the SEC to team up and invest together in the same companies, even though current rules usually say no. This change would let these investment groups pool their money for bigger opportunities, potentially boosting their business. If no one asks for a hearing by April 21, 2026, the SEC will likely approve this move soon.