Private Credit ETF From State Street, Apollo Raises SEC Concern
The US Securities and Exchange Commission expressed concerns over a much-anticipated private credit exchange-traded fund from Wall Street giants State Street Corp. and Apollo Global Management Inc., asking the firms for more information in a letter Thursday.
State Street Global Advisors, in collaboration with Apollo Global Management, has launched a new private credit ...
Wall Street is still awaiting regulatory approval for the first full-blown private-asset ETFs, but for now opportunistic ...
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